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State-owned diversified miner PT Aneka Tambang (Antam) and PT Newmont Nusa Tenggara (NNT) are in discussions over a possible partnership to abide by the government’s regulation of mandatory mineral processing.

Antam corporate secretary Tri Hartono said the partnership would likely be in the form of concentrate supply.

“We won’t talk about a cooperation on building a smelter with NNT,” he said on Friday.

“At the moment, we are in the process of negotiating the sale and purchase agreement [SPA].”

Read more at: http://www.thejakartapost.com/news/2014/02/22/antam-newmont-mull-partnership-amid-export-ban.html