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Indonesian Govt. Targeting Japanese Aluminum JV For Ownership Divestment
Jul. 18, 2011 06:07AM PST
Market NewsMineweb reports PIP now has its sights set on Inalum aluminum JV and Nippon Ashan Aluminum.
Mineweb reports PIP now has its sights set on Inalum aluminum JV and Nippon Ashan Aluminum.
The market news is quoted as saying,
Indonesia’s Energy and Mineral Resources Ministry confirmed it is investigating a “soft” loan Newmont Nusa Tenggara made to Indonesia Masbaga Investama, allegedly so Newmont could retain IMI’s votes after the company completes its divestment.
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