Shares in copper mine

Papua wants a slice of Freeport if it divests

The Indonesian Government has made divestment a requirement for the company.

It wants Freeport to sell 51 percent of its shares to national entities.

The Jakarta Post reports the Papua Governor, Lukas Enembe, met President Joko Widodo on Wednesday to discuss the stand-off between Freeport and the government and how it would affect the province.

Freeport Indonesia, a subsidiary of US-based Freeport McMoRan, has refused to accept a government demands that it convert its contract of work into a special mining licence.