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Freeport, Indonesia sign deal, paving way for copper exports to resume
July 25, 2014 / 10:51 AM / 3 years ago

Freeport, Indonesia sign deal, paving way for copper exports to resume

JAKARTA, July 25 (Reuters) - Freeport-McMoRan Inc and the Indonesian government reached a deal over a contract dispute that is expected to pave the way for a resumption of copper exports after a six-month halt, a company executive said on Friday.

After signing the memorandum of understanding, Freeport Indonesia CEO Rozik Soetjipto told reporters he hoped copper concentrate exports could resume as early as August.

Reporting by Fergus Jensen; Writing by Randy Fabi, editing by William Hardy

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