Freeport Indonesia's Grasberg Mine to Resume Operations in Q2 2026
Executive Summary
Key insights and market outlook
Freeport-McMoRan Inc has announced that PT Freeport Indonesia's Grasberg mine will resume operations in Q2 2026 following a landslide incident. The Grasberg Block Cave (GBC) underground mine is expected to achieve large-scale, low-cost production through enhanced safety measures and operational improvements. The company has committed to recovering from the incident in a safe, efficient, and responsible manner.
Deep Dive Analysis
Freeport Indonesia's Grasberg Mine to Resume Operations in Q2 2026
Enhanced Safety Measures Following Landslide Incident
Freeport-McMoRan Inc has announced plans to resume operations at PT Freeport Indonesia's Grasberg mine in Q2 2026. The Grasberg Block Cave (GBC) underground mine had faced operational challenges due to a recent landslide incident. The company's President and CEO, Kathleen Quirk, stated that the team is committed to achieving large-scale, low-cost production while prioritizing safety and efficiency.
Strategic Recovery and Operational Improvements
The decision to resume operations in Q2 2026 reflects a strategic approach to recovery, focusing on enhanced safety protocols and operational improvements. Freeport-McMoRan has learned from the recent landslide incident and is implementing measures to prevent similar occurrences in the future. The company remains dedicated to responsible mining practices while aiming to restore production capacity.
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Key Events
Grasberg Mine Operational Resumption
Production Recovery Plan