Freeport-McMoRan Grasberg Deal Extends Copper Growth And Adds Fresh Risks
Freeport-McMoRan (NYSE:FCX) has signed a long term Memorandum of Understanding with the Indonesian government to extend operating rights at the Grasberg mine. The company plans a phased restart of the Grasberg Block Cave mine following recovery work after a significant mudslide. Freeport-McMoRan is advancing new projects and technology initiatives aimed at helping meet a global copper shortage linked to AI and green…
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