Freeport copper sales seen up 12% in 2022 after 19% rise in 2021

Freeport-McMoRan expects to see a 12% jump in copper sales in 2022 following the completion of the transition to underground mining at its giant Grasberg mine in Indonesia, the Arizona, United States-based copper producer said.

Sales of copper this year are forecast to be around 4.3 billion pounds, or 1.95 million tonnes, up from 3.8 billion pounds in 2021.

The company said...

Published

Andrea Hotter

January 26, 2022

13:40 GMT

New York