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After deadly accident, Freeport aims to restart Grasberg copper production by July
Freeport-McMoRan said on Tuesday it plans to restore production at Indonesia's Grasberg copper and gold mine by July after a fatal incident forced operations to halt two months ago. Seven workers were killed when roughly 800,000 metric tons of wet mud flooded the Grasberg Block Cave, one of the mines at the complex, on September 8. Grasberg is the world's second-largest copper mine and largest gold mine, a key asset for Freeport as demand for the red metal rises with the expansion of electric grids, renewable power and electric vehicles. The prolonged disruption has been closely watched by metals markets concerned ... (full story)
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