AFTER extracting copper and gold from Indonesia since 1967, US company Freeport-McMoRan is no longer the majority shareholder of Freeport Indonesia. The Indonesian government, through Indonesia Asahan Aluminium (Inalum), bought 51.23 percent of shares worth Rp55.8 trillion on December 21, 2018.

On the same day, the new directorship of Freeport Indonesia was established. Clayton Allen Wenas—familiarly known as Tony Wenas—was appo