Indonesia Expat
Business/Property

Freeport, Government Meet in Long-Running Negotiations

Freeport

Long-running negotiations between mining giant Freeport and the Indonesian government continued Thursday, Aug. 10, with high ranking ministers meeting business leaders remaining tight-lipped on the outcome.

Finance Minister Sri Mulyani Indrawati and Energy and Mineral Resources Minister Ignasius Jonan met with Freeport to discuss a proposal to convert Freeport’s contract of work to a mining license, according to local media reports.

Government representatives refused to comment on the meeting, dodging reporters after exiting.

The Finance Ministry’s Fiscal Policy Head Suahasil Nazara said prior to the meeting that continuing operations, smelter development, state revenue and divestment would be addressed, according to the Jakarta Post.

These issues have long been on the agenda for negotiations with divestment and smelter development major government demands before granting a license extension.

 

See: Tensions Rise as Freeport-Indonesia Mining Dispute May Go to Court

Related posts

Indonesia Expat Signs Circulation Deal with Airfi Indonesia

Indonesia Expat

Be a Home Barista Through One Push of a Button with Nespresso Indonesia

Mirella Pandjaitan

Health Ministry Invites Health Professionals Return to Work through GIPA

Indonesia Expat

Aure and Amata: A Trendy and Modern Minimalist Residential in BSD City

Indonesia Expat

How Foreigners Can Set Up a Joint Venture in Indonesia

Nadya Joy Ador

Jokowi Claims Economic Growth Better Than Other Countries

Indonesia Expat