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Freeport declares force majeure on Grasberg

Production guidance for 2026 slashed by 35%

Nathan Richardson
Grasberg mine in Papua, Indonesia—one of the world’s largest gold and copper mines.

Grasberg mine in Papua, Indonesia—one of the world’s largest gold and copper mines. | Credits: Shutterstock.

Freeport-McMoran has declared force majeure at its giant Grasberg copper and gold mine in Indonesia following a massive mud rush incident on September 8, which left two workers dead while five remain missing....

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