The administration in the Indonesian region of Papua says it will ask for a 10 percent stake in the mining giant PT Freeport.
The Jakarta Post reports the administration as saying that the company operates on Papuan soil but contributes little to regional development.
The newly installed governor, Lukas Enembe, says it will demand the Papuan people's customary land right in the form of a 10 percent stake in the company, which he says is worth nearly seven billion US dollars.
Mr Enembe says Papua cannot afford to buy the shares, but the company could grant them in compensation for the years of mining on its land.
He says he also expects Freeport to help more with improving the people's welfare and to assist in developing infrastructure.