Freeport Provides Update On Restart Plans For Grasberg Minerals District
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Freeport-McMoRan Inc plans to restart large-scale production at the Grasberg Minerals District, with the Grasberg Block Cave mine set to begin operations in Q2 2026. The company expects annual production of 1.6 billion pounds of copper and 1.3 million ounces of gold from 2027 to 2029. Production in 2026 is anticipated to be similar to 2025 volumes.
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