Second Accident in Three Weeks at Freeport McMoRan’s Grasberg Mine Could Mean Prolonged Closure

Base Metals Investing

Reuters reported that a second accident at Freeport McMoRan Copper and Gold Inc’s Indonesian unit threatened to extend the suspension of copper operations, posing a threat to global supply.

Reuters reported that a second accident at Freeport McMoRan Copper and Gold Inc’s Indonesian unit threatened to extend the suspension of copper operations, posing a threat to global supply.

As quoted in the Reuters report:

The latest accident also raised questions over how much longer Freeport will be able to supply its customers and further strains relations between the firm and labour unions.

To view the whole Reuters report, click here.

The Conversation (0)
×