Freeport-McMoRan: Grasberg Is Back On Schedule
Grasberg is running slightly ahead of its revised plan, and Freeport-McMoRan reaffirmed targets of 80% capacity by mid-2027 and near-full capacity by year-end 2027. The article also presents a valuation based on forecast EBITDA and a higher copper-price assumption.
Why it matters — Grasberg’s progress and reaffirmed ramp-up targets are relevant to FCX watchers tracking the mine’s operating recovery.