Senin 19 Oct 2015 17:12 WIB

Inalum and Antam can buy Freeport shares, Ministry claims

Rep: C09/ Red: Julkifli Marbun
PT Antam tbk.
Foto: blogspot.com
PT Antam tbk.

REPUBLIKA.CO.ID, JAKARTA -- The government was encouraging PT Inalum (Persero) and PT Aneka Tambang Tbk (Antam) to take over the divestment shares of PT Freeport Indonesia, amounted to 10.64 percent. So that Indonesian shares in Freeport could reach 20 percent.

"Ministry of SOEs is doing calculations and in-depth analysis of how Inalum can buy divestment shares of Freeport," said Minister of State-Owned Enterprises (SOEs), Rini Soemarno, in Jakarta, Monday (19/10).

She stated, in corporations, those two SOEs were ready to increase government shares in Freeport, because it was supported by financial and banking capabilities. Rini explained, PT Inalum was financially able to take divestment shares of Freeport.

"We see, Inalum need to buy because so far the company has not have mining sector, so it is expected to effectively become a shareholder in Freeport," Rini added.

As for Antam, Rini continued, although the company focused on refined smelter project in Mempawah, its collaboration with Inalum would become powerful and effective way to take divestment shares of Freeport.

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