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Freeport McMoRan's (FCX +1.8%) Indonesian unit is considering an IPO in a move analysts say may...

  • Thursday, July 5, 2012, 2:34 PM ET
    Freeport McMoRan's (FCX +1.8%) Indonesian unit is considering an IPO in a move analysts say may be a way to manage the impact of the country's new rules limiting foreign ownership in mines. Freeport Indonesia operates the Grasberg mine on Papua island that holds the largest gold reserves and is the second-largest copper mine in the world.
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