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Miner Freeport-McMoRan cleared to export from Indonesia -- for now

Local unit of the US company can ship copper concentrate at least until October

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Trucks are parked at the Grasberg copper and gold mine complex in Papua Province, Indonesia.   © Reuters

JAKARTA The long-running dispute between U.S. miner Freeport-McMoRan and the Indonesian government saw something of a breakthrough recently, with Jakarta clearing the company's local unit to resume -- temporarily, at least -- exports of copper concentrate.

Freeport and the Energy and Mineral Resources Ministry will also continue to negotiate a deal over the future of one of the world's largest copper mines, the ministry said.

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