CHART: Freeport-McMoRan stock craters on Grasberg ramp-up delay
Geopolitics · Mining.com ·
Shares in Freeport-McMoRan plunged after the world's second-largest copper company flagged significant delays in the ramp-up of its Grasberg operation in Indonesia. The setback tightens the global copper supply outlook at a time when prices sit near record highs and analysts are warning of structural deficits through the 2030s.