JAKARTA, Jan 12 (Reuters) -
* Indonesia holding talks with Rio Tinto in connection with Freeport Indonesia (PT-FI) acquisition, unable to disclose details yet, PT Inalum CEO Budi Gunadi Sadikin said on Friday
* “We’re still in negotiations and can’t comment on this due to a non disclosure agreement,” he said
* Talks with Rio were “progressing well,” Sadikin said
* Inalum also in talks with central government, Papua administrations, on funding mechanism for purchase of 41.64 percent stake in PT-FI, Sadikin said
* Funding for stake purchase will not come from central or regional government budgets, he said
Reporting by Cindy Silviana and Wilda Asmarini; Writing by Fergus Jensen; Editing by Christian Schmollinger
Our Standards: The Thomson Reuters Trust Principles.