The Global Resource For Connecting Buyers and Sellers

Freeport says no return to ‘business as usual’ for Indonesia’s Grasberg mine

Freeport-McMoRan Inc said there will be “no returning to business as usual” for its giant Grasberg copper mine in Indonesia, where operations have been disrupted as a result of an export stoppage imposed since mid-January, according to a company document dated February 28 reviewed by Reuters.

Under a revised plan for 2017, Grasberg’s daily copper ore output will be scaled back to 95 000 tonnes from a previous estimate of 140 000 tonnes, the document said.