Freeport Grasberg Deal Reshapes Long Term Indonesia Risk And Reward
Freeport-McMoRan (NYSE:FCX) signed a Memorandum of Understanding with the Indonesian government for a life-of-resource extension at the Grasberg minerals district. The agreement covers long term access to one of the world's largest copper and gold deposits, expanded community support and new domestic processing commitments. The MOU is described as a landmark step that supports regulatory alignment and the social license to operate in Indonesia. For you as an investor, this puts a fresh...
Freeport-McMoRan (NYSE:FCX) signed a Memorandum of Understanding with the Indonesian government for a life-of-resource extension at the Grasberg minerals district. The agreement covers long term access to one of the world's largest copper and gold deposits, expanded community support and new domestic processing commitments. The MOU is described as a landmark step that supports regulatory alignment and the social license to operate in Indonesia. For you as an investor, this puts a fresh...