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Freeport, Rio formally yield control of giant Grasberg mine to Indonesia

Cecilia Jamasmie | September 27, 2018 | 3:45 am Base Metals Intelligence Precious Metals Top Companies Asia Copper Gold Nickel 

Freeport McMoRan (NYSE:FCX) and Rio Tinto (LON:RIO) signed Thursday final agreements that give Indonesia a majority stake in their Grasberg copper mine, the world's second-largest, and which would be transferred to the state-owned mining company PT Indonesia Asahan Aluminium (Inalum)....

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