Copper prices surged by 2%! The supply of Grasberg mine, the world's second-largest copper mine, has been affected by force majeure factors
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Copper prices rose 2% to $10,172 per ton due to Freeport McMoRan Inc.'s force majeure at the Grasberg mine in Indonesia. An accident at the mine resulted in the deaths of two workers, with five others still missing. Freeport expects third-quarter copper and gold sales to be below expectations. Grasberg is the second-largest copper mine in the world
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