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Officially Inalum to Hold 51% Freeport Indonesia Shares After Long Discussions
JAKARTA (TheInsiderStories) – Finally, the PT Freeport Indonesia (PTFI) divestment shares signed after a long years of discussion. The signing ceremony between the state-owned miner PT Indonesia...
Inalum Gets $5.2B Loan Offers to Buy Freeport Indonesia Share
JAKARTA (TheInsiderStories)--The state-owned mining company PT Indonesia Asahan Aluminium (Inalum) has received US$5.2 billion loan offers from 11 local and foreign banks to increase...
Inalum to Takes Over 45.78% Freeport Indonesia Shares for US$3.85B
JAKARTA (TheInsiderStories) - Indonesia's state-owned enterprises PT Indonesia Asahan Aluminium (Inalum) takeover 45.78 percent shares of PT Freeport Indonesia (PTFI) from Freeport-McMoRan Gold & Copper...
Freeport Indonesia Negotiation to Wrap up End of July
JAKARTA (TheInsiderStories)--Indonesian government targets the negotiation with U.S's miner Freeport-Mcmoran Copper & Gold Inc. (NYSE: FCX) including 51 per cent divestment, smelter development, investment assurance,...
Freeport Indonesia To Closes Open-pit Mine in 2019
JAKARTA (TheInsiderStories) - PT Freeport Indonesia (PTFI) will close the operation of the open-pit gold mine in Grasberg, Papua--where the ore body occurs near the...
Inalum Now Controls 9.36% Shares of Freeport Indonesia
JAKARTA (TheInsiderStories) - Indonesian aluminum producer PT Indonesia Asahan Aluminium (Inalum) now owns 9.36 percent of the shares of PT Freeport Indonesia, after the...
Freeport Indonesia’s Shares Divestment Unclear, Loss US$3 Million on Strike
JAKARTA (TheInsiderStories) - Coordinating Minister for Maritime Affairs Luhut Binsar Pandjaitan insist the divestment of PT Freeport Indonesia (FI) not final yet but the agreement...
Amman Mineral proposes to jointly use smelter with Freeport Indonesia
JAKARTA (TheInsiderStories) – PT Amman Mineral Nusa Tenggara (AMNT), previously known as Newmont Nusa Tenggara (NNT) is proposing to PT Freeport Indonesia to jointly...
Breaking News: Indonesia Will Signs Freeport Deal Today
JAKARTA (TheInsiderStories) - Indonesian government through the state-owned miner PT Indonesia Asahan Aluminium (Inalum) will sign the Sales and Purchase Agreement on the share sales...
Indonesia Extends Freeport’s Special Mining Permit for One Month
JAKARTA (TheInsiderStories) - After extended for couple months, again Indonesia will extend the special mining permit for PT Freeport Indonesia (PTFI) for another month to...
Latest article
Moslem Rally Demands NU’s Banser Disolvement from Indonesia
JAKARTA (TheInsiderStories) - More than a thousand moslem peoples demanded to dissolve of Banser, security task for Nahdlatul Ulama (NU), and Indonesia's biggest Islamic...
Moody’s Assigns First-time Baa2 Issuer Rating to Inalum
JAKARTA (TheInsiderStories) - Moody's Investors Service has assigned a Baa2 issuer rating to Indonesia Asahan Aluminium (Persero) (P.T.) (Inalum) and a Baa2 rating to the company's...
Indonesia’s Pertamina Terminates Bond Issuances, Buyback Program Amid Poor Market
JAKARTA (TheInsiderStories) - Indonesian energy producer, PT Pertamina announced that it has terminated its bond issuances and cash tender offers program to purchase 2021 and 2022...
Indonesian Government Continues the Village Fund Program Although Criticized
JAKARTA (TheInsiderStories) - Ahead of the 2019 Presidential Election, the government suddenly made a new program, namely district funds. This program was announced directly...
Morning Briefing: President Widodo’s District Funds Program Approved by the Parliament
JAKARTA (TheInsiderStories) - Good morning. President Joko Widodo district fund program approved by Indonesian parliament. In the meeting with government on Thursday (26/10), Budget Committee for the...
Indonesian Trade Expo Printed of US$4.96B Transactions in the First Day
Serpong (TheInsiderStories) - The purchasing mission program managed to record a trade contract of US$4.96 billion at the 33rd Trade Expo Indonesia (TEI). Indonesia targeting...