Rio in effort to exit Grasberg

RIO Tinto has confirmed that it is negotiating a potential exit from the massive Grasberg copper mine in Indonesia, but there was still no certainty of a deal.

Rio in effort to exit Grasberg Rio in effort to exit Grasberg Rio in effort to exit Grasberg Rio in effort to exit Grasberg Rio in effort to exit Grasberg

Grasberg copper-gold mine

Bloomberg reported that Rio was close to agreeing a sale of its stake to PT Indonesia Asahan Aluminium (Persero), known as Inalum, for $3.5 billion, citing people familiar with the negotiations.

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