FREEPORT AT A GLANCE: Copper sales drop in Q2 while Grasberg transitions

A summary of Freeport-McMoRan’s results for the second quarter of 2019.

A summary of Freeport-McMoRan’s results for the second quarter of 2019. In brief Second-quarter copper sales declines, as previously anticipated, with full year sales expected to be lower while the company transitions its giant Grasberg mine in Indonesia from open pit to underground.  The company started ore extraction from the Grasberg Block Cave underground mine and the Deep Mill Level Zone underground mine. Sales of 807 million lbs of copper were achieved in...

Published

Andrea Hotter

July 24, 2019

17:15 GMT

New York