Grasberg

Freeport's Grasberg mine is operating at 50% capacity and targets full production by end of 2027, with capacity expected to reach 65% later this year. This production ramp-up at one of the world's largest copper mines will significantly impact global copper supply availability for technology and infrastructure projects.

Freeport delayed its Grasberg mine full restart to early 2028, planning to reach only 65% capacity by second half 2026. This matters to copper and gold supply chain analysts as Grasberg is one of the world's largest copper-gold mines, potentially tightening global metal supplies through 2027.