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Freeport-McMoRan CEO and Chairman address Grasberg mine disaster response in Indonesia

ReutersNov 18, 2025 4:43 PM

- Freeport-McMoRan Inc FCX.N:

  • FREEPORT-MCMORAN: GRASBERG SEPT. 8 DISASTER CAUSED BY MUD RUSH FROM FORMER OPEN PIT THAT ENTERED UNDERGROUND MINE THROUGH 'UNDETECTED PATHWAY'

  • FREEPORT-MCMORAN: THERE WERE NO WARNING INDICATORS FROM MONITORING OR DRAWPOINT SAMPLING ABOUT THE PENDING DISASTER

  • FREEPORT-MCMORAN: 'ENHANCED OPERATING PROCEDURES' PUT IN PLACE TO ADDRESS CONDITIONS THAT LED TO DISASTER

  • FREEPORT-MCMORAN CHAIRMAN RICHARD ADKERSON: COMPANY AGAIN EXPRESSES GRIEF FOR DEATH OF SEVEN WORKERS AT GRASBERG MINE IN SEPTEMBER

  • FREEPORT-MCMORAN CEO KATHLEEN QUIRK: NO INDICATION OF HUMAN ERROR IN GRASBERG DISASTER

  • FREEPORT-MCMORAN CEO KATHLEEN QUIRK: HUMBLED BY TRAGEDY AND RESOLVE TO LEARN FROM IT

  • FREEPORT-MCMORAN CEO: 'SERIES OF CONTRIBUTING CONDITIONS' CAUSED GRASBERG DISASTER

  • FREEPORT-MCMORAN CEO: GRASBERG DISASTER HIGHLIGHTS NEED FOR 'MORE DYNAMIC CAVE MANAGEMENT PLANS'

  • FREEPORT-MCMORAN CEO: COMPANY WILL DEPLOY EMERGING IMAGING TECHNOLOGIES TO IMPROVE CAVE SHAPE MONITORING

  • FREEPORT-MCMORAN CEO: 'CONFIDENT IN REESTABLISHING LARGE SCALE PRODUCTION AND IN OUR ABILITY TO SAFELY OPERATE THIS GREAT ORE BODY OVER THE LONG TERM'

  • FREEPORT-MCMORAN CEO: TEAM IS UNITED IN DETERMINATION TO RESTORE BUSINESS SAFER AND STRONGER AT GRASBERG

  • FREEPORT-MCMORAN: NO SEISMIC SIGNATURE IN AREA NEAR GRASBERG DISASTER IN INDONESIA

  • FREEPORT-MCMORAN: ASSUMING ALL BURIED EQUIPMENT AND MINE SHOOTS AT GRASBERG WILL BE A LOSS

  • FREEPORT-MCMORAN: ALL MUD FROM GRASBERG DISASTER SLATED TO BE REMOVED BY END OF 2025

  • FREEPORT-MCMORAN CEO: INDONESIAN GOVERNMENT HAS EXPRESSED SUPPORT FOR LONG TERM EXTENSION OF GRASBERG OPERATING RIGHTS BEYOND 2041

  • FREEPORT-MCMORAN CEO: COMPANY WILL SUBMIT FORMAL APPLICATION FOR GRASBERG PERMIT EXTENSION AT THE END OF 2025

  • FREEPORT-MCMORAN CEO: WE'RE EXPECTING SIGNIFICANT GROWTH IN 2027 AT GRASBERG AS OPERATIONS ARE RESTORED

  • FREEPORT-MCMORAN CEO: INDONESIAN GOVERNMENT HAS BEEN INVOLVED IN GRASBERG RECOVERY SINCE DISASTER

  • FREEPORT-MCMORAN CEO: 'IT'S BEEN A VERY COLLABORATIVE, TRANSPARENT WORKING RELATIONSHIP WITH THE GOVERNMENT ON OUR INVESTIGATION'

  • FREEPORT-MCMORAN CEO: INDONESIAN GOVERNMENT CONDUCTING ITS OWN INVESTIGATION

  • FREEPORT-MCMORAN CEO: COMPANY HAS INSURANCE POLICY THAT COVERS UP TO $700 MILLION FOR UNDERGROUND LOSSES

Source text: [ID:]

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