SYDNEY (AFX-ASIA) – Anglo-Australian miner Rio Tinto Ltd is confident the sale of its 50-50 joint venture with BP Plc, Kaltim Prima Coal (KPC), to local firm Bumi Resources will go ahead, despite the Jakarta Stock Exchange suspending Bumi shares from trade, the Australian newspaper reported. Citing Rio Tinto’s Indonesia spokesman Anang Noor, the report…
INDONESIA: Rio Tinto, BP still confident of Kaltim sale despite Bumi suspension
Posted on August 6, 2003 by EnergyAsia