Freeport says Indonesia smelter restarts after 2025 Grasberg incident
Bitget2026/10/02 12:01- Freeport flagged continued disruption from the September 2025 Grasberg incident, with mill throughput averaging 140,000 metric tons per day in Q3 2026.
- Output remained below normalized rates, with throughput at about 67% of pre-incident levels during the quarter.
- PTFI’s Eastern Java smelter restarted in late August 2026 following the suspension tied to the incident; ramp-up is proceeding.
- Gold sales timing in Indonesia deferred about 60,000 ounces from Q3 2026 into Q4, weighing on by-product credits.
- Consolidated unit net cash costs are expected about 5% above the July estimate of USD 2.00 per pound of copper.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Citi Turns More Bullish on Bitcoin and Strategy: Here Are the New Targets
South Korea's DRAM exports hit a record high of $33 billion in September.
QNT and NIGHT Continue to Defy Market Correction, BTC Settles After Wild Ride: Weekend Watch
Within just 40 days of its release, the split box office of iQIYI (IQ.US) "Soul Ferry" series of AI feature films exceeded 10 millions and continues to be popular.
From recouping initial investment in the first week to revenue sharing surpassing 10 million, AI unlocks the commercial value of classic IPs.
Crypto prices
More
