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Supply Chain

Freeport Says Grasberg's Mill Is Running at About Two-Thirds of Normal and Defers 60,000 Ounces of Gold

The miner's third-quarter operational update put copper output near 830 million pounds and lifted its unit net cash cost estimate by about 5%.

PR

By Priya Raghavan

Oct 3, 2026 · 2 min read

Freeport-McMoRan filed a third-quarter operational update on Friday that put copper production at approximately 830 million pounds, in line with its own expectations, and disclosed that mill throughput at the Grasberg minerals district in Indonesia is running at roughly two-thirds of pre-incident rates.

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Priya Raghavan

Corporate Insider Inc.

Priya Raghavan writes for Corporate Insider Inc.

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