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Economy

Freeport threatens legal action over Indonesia mine

US miner gives 120-day warning, says local hires set to be laid off

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Freeport-McMoRan CEO Richard Adkerson speaks at a news conference in Jakarta on Feb. 20.   © Reuters

JAKARTA -- U.S. miner Freeport-McMoRan on Monday said it may seek arbitration against the Indonesian government if a dispute over its contract for a giant copper mine in Papua Province is not resolved within 120 days.

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