In the Timika area, Papua, Indonesia has a Freeport mine which is on of the largest mines in the world. Freeport is managed by PT. Freeport Indonesia, a mineral mining company which is an affilate of Freeport-McMoRan ang Mining Industry Indonesia. At the end of 2019, a 51,23% stake has officialy become the owner of the Indonesian goverment. The acquisition of the these shares is expected to be a new beginning for Indonesia to regain the rights that should have been obtained long ago. The acquisition of shares of 51%, the authors are interested in examining how much the comparison of the profits obtained with the threat of future losses is.

Freeport, Inalum, Acquisitions