A recent death case, the company reports. (x) Recall that the previous Freeport production forecast for 2026 was 770 thousand tons of cubic meters. Thus, a decrease by 35% means an additional deficit by 1-2% for market balance in 2026
Grassberg is one of the world's largest copper and gold mines, which accounts for more than 3% of the global amount of copper production. Even with a gradual resumption of work, the expected reduction in the supply will additionally affect the already intense global offer in the vehicle and the supporting prices, which, as we expect, will reach 12,000 per ton of 1P26 in our basic scenario