(Bloomberg) -- Indonesia, the world's biggest
exporter of power station coal and second-largest tin producer,
may take back parts of mining concessions already awarded to
companies in order to secure reserves.
Companies such as Freeport-McMoRan Copper & Gold Inc. and PT
International Nickel Indonesia may lose part of areas with
deposits of copper, nickel, bauxite and iron ore, Simon Sembiring,
director general of coal and mineral resources at the energy
ministry, said in an interview yesterday.
Read more at Bloomberg Emerging Markets News
exporter of power station coal and second-largest tin producer,
may take back parts of mining concessions already awarded to
companies in order to secure reserves.
Companies such as Freeport-McMoRan Copper & Gold Inc. and PT
International Nickel Indonesia may lose part of areas with
deposits of copper, nickel, bauxite and iron ore, Simon Sembiring,
director general of coal and mineral resources at the energy
ministry, said in an interview yesterday.
Read more at Bloomberg Emerging Markets News
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