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#FCX↓

FCX/ 10/23/2025 · 8:42 AM

Freeport-McMoRan Beats Q3 Profit Expectations Despite Indonesia Mine Incident

Freeport-McMoRan exceeds Q3 profit forecasts with 50 cents per share as higher copper prices offset production losses from Grasberg mine suspension following tragic mud rush incident.

Featured/ FCX/ 09/24/2025 · 11:22 AM

Copper Prices Spike After Tragic Accident Halts Production at Grasberg Mine; FCX Tumbles

A deadly mud rush halted production at Grasberg, the world's 2nd largest copper mine. Freeport declared force majeure, causing copper prices to spike sharply. Two workers died; five are missing. Major supply delays are now expected until 2027.