Higher Grasberg output, copper prices boost Freeport's H1 earnings

Freeport-McMoRan increased its copper production by 13.4% in the first half of the year, led by major output gains at Grasberg in Indonesia.

Group-wide copper production rose to 892,000 tonnes in the six months to the end of June from 787,000 tonnes a year earlier. Sales rose 13.2% to 899,000 tonnes from 794,000 tonnes in the same comparison.

Grasberg,...

Published

Archie Hunter

July 25, 2018

14:53 GMT

London