FREEPORT IUPK COLLAR

The Director of Mineral and Coal Ministry of ESDM Bambang Gatot (left) along CEO of Freeport McMoRan Richard Adkerson (right) provides a press release of the Permit of Special Mining Business License Production Operation (IUPK) to PT Freeport Indonesia 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.