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Rio Tinto talks loom as a lifeline for Freeport in Indonesia

"This issue with our joint-venture partner really changes what the divestment obligation from Freeport would otherwise be," Freeport- McMoRan's Mr Adkerson says, referring to Rio Tinto.


WHEN it comes to finally reaching a deal to secure Freeport-McMoRan Inc's long-term right to keep mining in Indonesia, the ball appears to be firmly in Rio Tinto Group's court.

Over an almost two-hour conference call on Thursday, chief executive officer Richard Adkerson...

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