Govt, Vale sign MoU on mining contract amendment

Jakarta-listed nickel miner PT Vale Indonesia and the Energy and Mineral Resources Ministry have signed a memorandum of understanding (MoU) on proposed changes to the mining company’s contract of work (CoW), a senior ministry official has said.

In the MoU both the ministry and Vale agreed to further discuss the details of the amendments to the company’s CoW, the ministry’s minerals and coal director general, R. Sukhyar, said on Friday.

Read more at: http://www.thejakartapost.com/news/2014/08/23/govt-vale-sign-mou-mining-contract-amendment.html

Leave a comment