Indonesia aiming to increase state ownership of Freeport Indonesia by more than 10%, minister says-March 2024-www.financetom.com

Indonesia aiming to increase state ownership of Freeport Indonesia by more than 10%, minister says

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Indonesia aiming to increase state ownership of Freeport Indonesia by more than 10%, minister says

Sep 15, 2025 2:50 AM

JAKARTA, Sept 15 (Reuters) - The Indonesian government

is aiming to increase the state share of the copper and gold

miner PT Freeport Indonesia by more than 10%, the country's

mining minister Bahlil Lahadalia said on Monday.

Indonesia has flagged its interest in gaining more control

over Freeport Indonesia in recent years, with Bahlil saying that

it would be a condition for Freeport to extend its mining permit

beyond 2041.

Previous page： Penguin Solutions Q3 Preview: Revenue May Slip, But 1 Segment Could Surprise Next page： Kraken Robotics Closes $115 Million Bought Deal Public Offering

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Penguin Solutions Q3 Preview: Revenue May Slip, But 1 Segment Could Surprise

Jul 7, 2025

As Penguin Solutions ( PENG ) prepares to unveil its fiscal third-quarter results on Tuesday, market watchers are bracing for a pivotal moment that could shape the company’s trajectory for the remainder of the year. The company is likely to report its results broadly in line with expectations, with a low-teens sequential decline in revenue, according to Stifel. The Penguin...

Kraken Robotics Closes $115 Million Bought Deal Public Offering

Jul 7, 2025

11:24 AM EDT, 07/07/2025 (MT Newswires) -- Kraken Robotics ( KRKNF ) on Monday closed its underwritten public offering for aggregate gross proceeds of approximately $115 million, inclusive of the full exercise of the over-allotment option by the underwriters. The public offering placed 43.24-million shares priced at $2.66 each. The company said it expects the proceeds of the offering to...

US Telecom Stocks Have Underestimated 'Alpha Opportunity,' BofA Says

Jul 7, 2025

11:29 AM EDT, 07/07/2025 (MT Newswires) -- Telecom stocks may have an underestimated alpha opportunity, BofA Securities said in a research note Monday. The firm reinstated coverage of US telecom companies with a buy rating on AT&T ( T ) and neutral ratings on Verizon (VZ) and T-Mobile (TMUS). Telecom stocks are under-owned by institutional investors and overlooked as being...

Google agrees $36 million fine for anti-competitive deals with Australia telcos

Aug 17, 2025

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...