Indonesia breaks rules to ink Freeport deal

Posted on July 28, 2014 by Nanthakumar Victor Emmanuel, P.Eng Leave a comment

The outgoing Indonesia administration has signed a deal with the United States company operating one of the world’s largest copper and gold mines in West Papua.

Freeport McMoRan has made an agreement with Indonesia to continue its operations after 2021.

Susilo Bambang Yudhoyono had earlier pledged that he would meet with the President-elect before signing any deal, but the Jakarta Post reports the the MOU was signed without any discussion.