By Eko Listiyorini
The Jakarta Globe
Freeport-McMoRan Copper & Gold Inc. said production and shipments from Indonesia have almost reached normal levels, after work at the world’s second-largest copper mine was halted following a May accident.
Underground operations at its Grasberg mine may need more time to reach normal, Rozik B. Soetjipto, president director of unit PT Freeport Indonesia, told reporters in Jakarta Friday, without providing details of output and sales volumes.
The underground stoppage was reducing daily output by about 1 million pounds of copper and 1,000 ounces of gold, the company said in a statement on June 24. Phoenix-based Freeport has yet to lift a force majeure declared on June 12, which allows it to miss deliveries, after resuming some concentrate shipments earlier this month.