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Freeport McMoRan (FCX +0.5%) says it is more than willing to supply any new copper smelters in...

Freeport McMoRan (FCX +0.5%) says it is more than willing to supply any new copper smelters in Indonesia with raw copper concentrates but remains reluctant to build smelting operations itself. The Indonesian government is renegotiating royalty contracts with foreign investors including FCX as it tries to push firms to add more value within the country.
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