PT Antam seeks advice on Freeport

The state-owned company appoints HSBC to give advice on the acquisition of a minority stake in Freeport Indonesia.

Indonesian state-owned mining company PT Antam Tbk announced yesterday that it had selected HSBC as its financial advisor for the potential acquisition of a minority stake in PT Freeport Indonesia, which owns and operates the Grasberg gold and copper mine in Papua.

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