Politics
Indonesia Copper Shipments Delayed by Gresik Smelter Outage
Key Points
Commodities Indonesia Copper Shipments Delayed by Gresik Smelter Outage Copper shipments from Indonesia are suffering delays after the smelter that processes ore from the giant Grasberg mine was halted because of a boiler leak over the weekend. Buyers of copper from Gresik, a plant that processes ore from the mine jointly owned by the Indonesian government and Freeport-McMoRan Inc., were informed the smelter will be closed for assessment and repair over the coming weeks, people with...
Commodities
Indonesia Copper Shipments Delayed by Gresik Smelter Outage
Copper shipments from Indonesia are suffering delays after the smelter that processes ore from the giant Grasberg mine was halted because of a boiler leak over the weekend.
Buyers of copper from Gresik, a plant that processes ore from the mine jointly owned by the Indonesian government and Freeport-McMoRan Inc., were informed the smelter will be closed for assessment and repair over the coming weeks, people with knowledge of the situation said, asking not to be named as they’re not authorized to discuss the matter publicly.