Freeport Indonesia targets 478,000 tons of copper cathode output in 2026

Reuters

11/24

JAKARTA, Nov 24 (Reuters) - Freeport Indonesia plans to produce 478,000 metric tons of copper cathode and 26 tons of gold in 2026, lower than its initial plan due to an ongoing recovery process following a mud flow accident, chief executive Tony Wenas said on Monday.

Copper and gold sales in 2025 are also expected to be lower than initially planned, though revenues are likely to decline by a lower rate of 18% due to higher prices of copper.

(Reporting by Fransiska Nangoy; Editing by David Stanway)

((fransiska.nangoy@tr.com;))

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