SANTIAGO, April 5 Freeport McMoRan Inc is awaiting final details on a temporary export permit in Indonesia, which would end a 12-week ban that has cost the world's biggest publicly traded copper company nearly $1 billion in lost revenues, its top executives told Reuters in an interview on Wednesday.
"With the short-term arrangement, we'll start ramping production back up to feed our mill 100 percent," said Chief Financial Officer Kathleen Quirk referring to Freeport's Grasberg mine.
"It shouldn't take very long, we're talking weeks," she said, alongside Chief Executive Officer Richard Adkerson, on the sidelines of the CRU World Copper Conference in Santiago. (Reporting by Mitra Taj in Santiago, writing by Susan Taylor in Toronto in Vancouver; Editing by David Gregorio)
UPDATE 1-Corruption charges against Brazil's Temer expected to come in waves -source
June 23 Brazil's top federal prosecutor will level corruption charges against President Michel Temer one at a time instead of making all the accusations at once, a strategy aimed at weakening his defense, a source with direct knowledge of the process told Reuters on Friday.
INSIGHT-Under pressure, Western tech firms bow to Russian demands to share cyber secrets
WASHINGTON/MOSCOW, June 23 Western technology companies, including Cisco, IBM and SAP , are acceding to demands by Moscow for access to closely guarded product security secrets, at a time when Russia has been accused of a growing number of cyber attacks on the West, a Reuters investigation has found.