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23 Jul
15:30

Delays in Indonesia hit Freeport-McMoran quarterly performance

US miner Freeport-McMoran says it is well-placed to capitalise from growing copper demand although delays in Indonesia hit quarterly performance.  The company has reiterated full-year copper sales guidance of 1.8 million tonnes, in line with 2023. Production volumes are expected to be larger than sales volumes as the company has deferred around 45,000t to be processed at the new downstream processing facilities in Indonesia, then sold as refined metal in…
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