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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...

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...

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...

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...