U.S. Markets closed

Freeport-McMoRan and Indonesia: The Tussle Gets Muddier

Mark O'Hara
Freeport-McMoRan and Indonesia: The Tussle Gets Muddier

Freeport-McMoRan (FCX) operates the giant Grasberg mine in Indonesia (EIDO). Rio Tinto (RIO) is Freeport’s partner at the mine. Notably, Grasberg is the second largest copper mine globally after BHP Billiton (BHP) owned Escondida.