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October 2017

The Price of the Freeport deal

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JAKARTA (Reuters) – For many Indonesians, investment banker-turned-minister Ignasius Jonan is the man who made trains run on time. Months after being handed the mining portfolio, the minister notched up a bigger victory; securing majority local ownership of Grasberg – one of the world’s biggest gold and copper mines – following months of difficult negotiations…

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