News
13 July 2018

Rio Tinto sells $3.5bn stake in Grasberg copper mine to Indonesian state miner

In:
Metals and Mining
Region:
Asia-Pacific

Rio Tinto is selling its 40% stake in the world's second-biggest copper mine, Grasberg in Indonesia, for $3.5 billion to Indonesia's state mining company PT Inalum. Rio Tinto had a joint venture with Freeport-McMoRan, operator of Grasberg, for a 40% share of Grasberg's production...

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