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Indonesia says it will take more of the profits from its mineral resources by limiting foreign...

Indonesia says it will take more of the profits from its mineral resources by limiting foreign ownership of mines, in a move likely to scare off new investment in the world's top exporter of thermal coal and tin. The government will require foreign firms to sell down stakes in mines and increase domestic ownership to at least 51% by the 10th year of production. FCX -1%, NEM -0.8%.
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