Freeport Indonesia pushes back Grasberg Copper restart by a year

From miningweekly.com

PT Freeport Indonesia pushed back the full restart of its giant Grasberg copper mine by a year, worsening supply constraints that are already impacting the global market for the metal. The complex in Central Papua province is now targeting a return to full production by early 2028, Freeport Indonesia President Director Tony Wenas said in a statement dated Thursday.Grasberg was the world’s second biggest producer of copper until operations were hampered by a mudflow at the mine last year. Only last month, Wenas said the mine would reach full production by early 2027, following the restart of areas unaffected by the ... (full story)