One Month Strike to Go Forward at Freeport’s Indonesia Copper Mine

A union at Freeport McMoRan’s (NYSE:FCX) Grasberg mine in Indonesia is planning to go on strike following a fatal accident, according to Reuters. The strike is slated to begin next week, and will last one month.

As quoted in the publication:

Earlier this month, hundreds of angry protesters blocked access for two days to the open-pit area of the Grasberg complex, where production was temporarily suspended following the death of four workers on Sept. 27.

The remote copper mine is one of the largest in the world and any prolonged disruption could support prices of the metal , which have fallen almost 10 percent this year.

Click here to read the full Reuters article.