Freeport Indonesia Workers Expect to Sign Wage Agreement Today

Workers at Freeport-McMoRan Copper & Gold Inc. (FCX)’s Grasberg mine in Indonesia expect to sign an agreement today with the company’s management to end a three- month strike in return for a 37 percent salary increase over a two-year period, Juli Parorrongan, spokesman of the workers union at Freeport Indonesia, said in a mobile-phone text message today.

To contact the reporter on this story: Eko Listiyorini in Jakarta at elistiyorini@bloomberg.net

To contact the editor responsible for this story: Berni Moestafa at bmoestafa@bloomberg.net

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