World's second-largest copper mine
Indonesia says it will invite the head of mining giant Freeport McMoRan Inc to Jakarta this month to try to settle a festering dispute over a new deal to operate the world's second-largest copper mine, Reuters reports.
A U.S.-based Freeport spokesman declined to confirm whether Adkerson would attend the planned meeting, but said both sides continued "to work toward reaching a mutually positive resolution to support our long-term investment plans".
The conflict comes as Freeport pushes back against parts of new government rules that require miners to adopt a special licence, pay new taxes and royalties, divest a 51-percent stake in their operations and relinquish arbitration rights. The company is one of Indonesia's biggest taxpayers.