Freeport Will Sue to Arbitration

Maritime coordinating minister Luhut Binsar Pandjaitan welcome the threat of the Chief Executive Officer of Freeport-McMoran Richard Adkerson, who plans to bring the case of Freeport to the path of international arbitration. “Nice to the arbitration. Let no certainty to the law,” said Luhut. “Right this way, all the rules and terms already given.” said Luhut in the Office of the coordinating Ministry for Maritime, Thursday, February 21, 2017. According to Luhut, in PT Freeport Indonesia there are a number of things that are not done by companies from the…

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The Requirement If Newmont Wants To Revoke The Arbitration Lawsuit

PT Newmont Nusa Tenggara (NNT) opens the opportunity to revoke the lawsuit to a Court of international arbitration. Head of the Department of communication of PT Newmont Nusa Tenggara, Rubi Waprasa Purnomo said a lawsuit could be revoked if the Government reopen the export of mineral mining operations so that Newmont recovered. “We can export if the export duty is not high. Currently, despite being negotiated, it is still high,” said Rubi. Newmont difficulties due to high export duties. According to Ruby, it also complained of other companies, such as…

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