Copper and gold production and sales both fell in double digits in the first half of the year as Indonesian projects dragged down Freeport's production and sales in the first half of the year.
(Freeport McMoRan), a free port company, recently reported a sharp decline in production and sales of copper and gold in the second quarter and the first half of this year. According to the company's results, the decline in production and sales was mainly due to the impact on ore grade in the process of changing from open-air operation to underground operation by the Gragsberg project owned by Indonesian Freeport (PT Freeport Indonesia).