Shareholders are pressuring miner Freeport-McMoRan to stand up to the Indonesian government over changes the Southeast Asian country wants to make in the US miner’s contract, Freeport’s chief executive officer said on Monday.
Rio Tinto, which is a partner in Freeport’s massive Grasberg copper and gold mine, in Indonesia, is also supportive of Freeport’s tougher approach toward Jakarta, CEO Richard Adkerson said.
