Freeport declares force majeure at Cerro Verde on Peru national emergency

Freeport-McMoRan has declared force majeure on near-term sales agreements for its Cerro Verde mine in Peru, according to documents seen by Fastmarkets.

Arizona headquartered Freeport sent notices to customers on Friday March 20, three counterparties with shipments scheduled for the next few months said. Some counterparties who have Cerro Verde supply agreements for later in the year did not receive...

Published

Anna Xu

Archie Hunter

March 24, 2020

15:12 GMT

Shanghai, London