International news within the industry of mining and metal, Sep, 20 2018
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Rio Tinto confirms sales discussions on Grasberg

Photo: Alfindra Primaldhi/Wikimedia Commons
Photo: Alfindra Primaldhi/Wikimedia Commons
Published by
Simon Matthis - 23 May 2018

Rio Tinto has released confirmation that it is in discussions on the sale of it’s share in the Grasberg copper-gold mine in Indonesia.

Rio Tinto has a joint venture with Freeport for a 40 per cent share of production above specific levels until 2021.

Grasberg is the world’s second largest copper mine.