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Morning Briefing: May Being Warned to Revise Brexit Deal

JAKARTA (TheInsiderStories) — Good morning! United Kingdom (UK) parliament speaker John Bercow warned Prime Minister Theresa May to not bring the same Brexit deal...

Indonesia’ anti-graft will Summon Tan in Bribery Case

JAKARTA (TheInsiderStories) – Indonesian anti-graft investigating team will summon PT Borneo Lumbung Energy & Metal owner Samin Tan to undergo a preliminary inspection following...

Indonesia Has PTFI, But the Control Still in Freeport-Mcmoran’s Hands

JAKARTA (TheInsiderStories) --  The acquisition process of the PT Freeport Indonesia (PTFI) majority shares to PT Indonesia Asahan Aluminum (Inalum) was completed on Friday...

Moody’s Assigns First-time Baa2 Issuer Rating to Inalum

JAKARTA (TheInsiderStories) - Moody's Investors Service has assigned a Baa2 issuer rating to Indonesia Asahan Aluminium (Persero) (P.T.) (Inalum) and a Baa2 rating to the company's...

Officially Inalum to Hold 51% Freeport Indonesia Shares After Long Discussions

JAKARTA (TheInsiderStories) – Finally, the PT Freeport Indonesia (PTFI) divestment shares signed after a long years of discussion. The signing ceremony between the state-owned miner PT Indonesia...

Breaking News: Indonesia Will Signs Freeport Deal Today

JAKARTA (TheInsiderStories) - Indonesian government through the state-owned miner PT Indonesia Asahan Aluminium (Inalum) will sign the Sales and Purchase Agreement on the share sales...

Freeport Export Permit Extended for One Month

JAKARTA (TheInsiderStories) - Indonesia's Ministry of Energy and Mineral Resources (MEMR) again give a temporary export permit to PT Freeport Indonesia (PTFI) due to the share sales...

SOEs Banks Defer Plan to Finance Inalum-Freeport Deal

JAKARTA (TheInsiderStories)--Indonesia's state-owned banks had withdrawn from plans to finance a deal by PT Indonesia Asahan Alumunium to raise its stake in PT Freeport Indonesia...

Indonesia’s Adaro to Double Australia’s Kestrel Mine Production

JAKARTA (TheInsiderStories) - Indonesian coal miner PT Adaro Energy Tbk (IDX: ADRO) aims to double Kestrel Mine's production to bring the company become one of...

Indonesia’s President Widodo : Freeport Deal Signs Today

JAKARTA (TheInsiderStories)--After years of discussion, the Indonesian government and U.S's miner Freeport-Mcmoran Gold & Copper Inc. (NYSE: FCX) will sign the head of agreement of PT...

The Offering Price of Rio Tinto’s Interest in President Widodo’s Hands

JAKARTA (TheInsiderStories) - President Joko Widodo has pocketed the offering price of 40 percent participating global miner Rio Tinto Group (ASX: RIO) in PT Freeport...

Rio Tinto, Inalum, Freeport Talks on Grasberg Mines Continues

JAKARTA (TheInsiderStories) - Global miner Rio Tinto Group (ASX: RIO) said the discussion of its divestment of 40 per cent interest in the giant Grasberg...

Inalum Considers Selling Bonds to Buy Rio Tinto’s Stake

JAKARTA (TheInsiderStories)— PT Indonesia Asahan Alumunium (Inalum) is considering to raise funds through issuing bonds, as one of the options to fund the company's plan...

Adaro, EMR Capital Buy Kestrel from Rio Tinto for US$2.25B

JAKARTA (TheInsiderStories) - Publicly listed coal miner PT Adaro Energy Tbk joint with private equity manager EMR Capital acquired 80 per cent Rio Tinto's coal asset...

President: Complete Freeport Shares Divestment by April

JAKARTA (TheInsiderStories) – The negotiations over the 51 per cent divestment of PT Freeport Indonesia shares continued to drag on. Given this situation, President...

Freeport McMoran Prepares US$1.2 Billion for Grasberg Mine

JAKARTA (TheInsiderStories) -  U.S miner Freeport Mcmoran Inc. (NYSE: FCX) prepared capital expenditure US$2.1 Billion in this year to develop project in Indonesia and other...