Indonesian President Joko Widodo, centre left, shakes hands with Freeport-McMoRan Chief Executive Officer Richard Adkerson, centre right, after a press conference at the presidential palace in Jakarta on Friday. Photo: Reuters

Indonesia closes US$3.85 billion Freeport deal, giving it majority stake in huge copper mine

  • Agreement is seen as a political boon for President Joko Widodo as he seeks re-election
Topic |   Indonesia

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Indonesian President Joko Widodo, centre left, shakes hands with Freeport-McMoRan Chief Executive Officer Richard Adkerson, centre right, after a press conference at the presidential palace in Jakarta on Friday. Photo: Reuters
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