{
    "success": true,
    "data": {
        "id": 1087239,
        "msgid": "pt-rio-tinto-clarifies-1447893297",
        "date": "2001-12-07 00:00:00",
        "title": "PT Rio Tinto clarifies",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "PT Rio Tinto clarifies I am writing regarding your series of articles on the divestment of PT Kaltim Prima Coal (KPC), the latest of which appeared in the Dec. 4 issue titled Government urged to speed up KPC divestment. The article says the East Kalimantan administration gets first priority for buying shares, as KPC's vast mining site is located in Sangatta.",
        "content": "<p>PT Rio Tinto clarifies<\/p>\n<p>I am  writing regarding your series of articles on the<br>\ndivestment of PT Kaltim Prima Coal (KPC), the latest of which<br>\nappeared in the Dec. 4 issue titled Government urged to speed up<br>\nKPC divestment.<\/p>\n<p>The article says the East Kalimantan administration gets first<br>\npriority for buying shares, as KPC's vast mining site is located<br>\nin Sangatta.<\/p>\n<p>While KPC shareholders -- namely, Rio Tinto and BP -- welcome<br>\nPemprov Kaltim's intention to be a potential shareholder in KPC,<br>\nthe same opportunity is available for other potential buyers,<br>\ntoo.<\/p>\n<p>Article 26 of the Coal Agreement (PKP2B) provides no priority<br>\nor exclusivity to whom the KPC shares should be offered.<\/p>\n<p>It is also incorrect that the East Kalimantan administration<br>\nis the only party to bid for the shares. KPC has been contacted<br>\nby many other Indonesian participants seeking consideration as<br>\npossible buyers.<\/p>\n<p>LEX GRAEFE<\/p>\n<p>President Director<\/p>\n<p>PT Rio Tinto Indonesia<\/p>\n<p>Jakarta<\/p>\n<p>Note: Thank you for your correction.<\/p>\n<p>-- Editor<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/pt-rio-tinto-clarifies-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}