U.S. Markets closed

Forget Grasberg, Freeport-McMoRan Has Bigger Concerns

Mark O'Hara
Forget Grasberg, Freeport-McMoRan Has Bigger Concerns

As we noted previously, markets had a cold reaction to Freeport-McMoRan’s (FCX) Grasberg transaction. The key details about a final agreement are still pending. While the final resolution to the Grasberg impasse is still pending, Freeport-McMoRan has other concerns.