Freeport Indonesia aims to produce 1.1B lb. of copper cathode in 2026

Grasberg, the world’s second-biggest copper mine. Image from Freeport Indonesia.

Freeport Indonesia is aiming to produce 1.1 billion pounds of copper cathode and around 0.8 million ounces of gold this year, chief executive Tony Wenas said on Monday.

The company is ramping its production after a fatal landslide disrupted its operations in the second half of last year.

In 2027, Freeport Indonesia projects output of 1.5 billion pounds of copper cathode and 1.3 million ounces of gold, he added.

(By Fransiska Nangoy; Editing by David Stanway)

Comments

Your email address will not be published. Required fields are marked *

No comments found.

{{ commodity.name }}