FREEPORT IUPK COLLAR

Mineral and Coal Director of the Ministry of ESDM Bambang Gatot (left) submits a Special Mining Business License Production Operation (IUPK) to President Director of Freeport Indonesia Tony Wenas (right) in the Ministry of ESDM, Jakarta, Friday (21/12/2018). Ownership of 51,23 percent of PT Freeport Indonesia's shares by PT Inalum (Persero) is characterized by payment process and the publication of the Special Mining Business License Production Operation (IUPK) as a substitute for Contract Work. ANTARA PHOTO/Hafidz Mubarak A/pras.