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Freeport declares force majeure on Indonesia mine -spokesman

Published 18/02/2017, 02:58 am
© Reuters.  Freeport declares force majeure on Indonesia mine -spokesman
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TORONTO, Feb 17 (Reuters) - Freeport-McMoRan Inc FCX.N , the world's biggest publicly traded copper miner, has declared force majeure at its Grasberg mine in Indonesia, which cannot meet contractual obligations on copper concentrate shipments, a spokesman told Reuters on Friday

Exports of copper concentrate from the mine have been suspended for more than a month, and last week production at the Papua, Indonesia mine came to a standstill.

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