Going for the Grasberg Gold - Cover Story - magz.tempo.co

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Going for the Grasberg Gold

Tuesday, March 7, 2017

Freeport is against divesting 51 percent of its shares to Indonesia. Reportedly, a few national companies are keenly eyeing the shares of the world’s largest mining company.

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A day before Freeport-McMoRan President Richard C. Adkerson announced he would take their dispute with the Indonesian government to an international arbitration court two weeks ago, Energy and Mineral Resources Minister Ignasius Jonan was summoned by President Joko Widodo to the Presidential Palace. On that Sunday, Jokowi spent all of 30 minutes reminding Jonan not to back down in the negotiations with Freeport.

Jokowi emphasized three things wh

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