9/9/2020 · Ivanhoe Mines and China’s Zijin Mining Group each own a 39.6% stake in the project, while the DRC government owns a 20% stake. In a similar situation in Indonesia , Freeport-McMoRan agreed to construct a new copper smelter as part of a package to extend the mining rights in the country where it operates Grasberg copper mine to 2041.