Freeport Indonesia Delays Full Copper Mine Restart by Year

Haul trucks transport ore from the open pit at the Grasberg copper mine in Central Papua, Indonesia.

Photographer: Dadang Tri/Bloomberg

PT Freeport Indonesia pushed back the full restart of its giant Grasberg copper mine by a year, worsening supply constraints that are already impacting the global market for the metal.

The complex in Central Papua province is now targeting a return to full production by early 2028, Freeport Indonesia President Director Tony Wenas said in a statement dated Thursday.