Miner Freeport-McMoRan lowered its forecast for first-quarter ... and had been building a smelter in the country as part of an operating agreement with Jakarta officials. That smelter was damaged ...

Copper and gold prices have surged in 2025, but Freeport-McMoRan Inc. has remained flat. FCX's Indonesian operations were hindered by a smelter fire, affecting production. Guidance for 2025 was weak.

Freeport-McMoRan is a leading global producer of copper ... Note also that cap-ex on the new smelter was $1 billion in the quarter, but the smelter is expected to reach start-up by mid-year.

(Reuters) - Miner Freeport-McMoRan lowered its forecast for first ... and had been building a smelter in the country as part of an operating agreement with Jakarta officials.

(Reuters) - Miner Freeport-McMoRan lowered its forecast for first-quarter gold ... one of the world's largest gold and copper mines, and had been building a smelter in the country as part of an ...