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Indonesia Copper Shipments Delayed by Gresik Smelter Outage

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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.
Indonesia Copper (ORG) Gresik Smelter Outage Commodities (PERSON) Gresik Smelter (PERSON) Indonesia (LOCATION) Grasberg (ORG) Gresik (PERSON) Indonesian (ORG) Freeport-McMoRan Inc. (ORG)
Originally published by Bloomberg Markets Read original →