11 Nov, EOD - Indian

Nifty Smallcap 100 18101.4 (-0.21)

SENSEX 83871.32 (0.40)

Nifty Bank 58138.15 (0.35)

Nifty IT 36116.9 (1.20)

Nifty Pharma 22369.6 (-0.05)

Nifty 50 25694.95 (0.47)

Nifty Midcap 100 60427 (0.50)

Nifty Next 50 69725.1 (0.14)

11 Nov, EOD - Global

NIKKEI 225 50842.93 (-0.14)

HANG SENG 26696.41 (0.18)

S&P 6871.76 (0.27)

Login/Signup
Careers

Commodity Mid Session News

You are Here : Home > News > Commodity Mid Session News >

(25 Sep 2025, 11:03)

Freeport-McMoRan declares force majeure at Grasberg mine, Copper swells to two-month high

COMEX Copper futures soared yesterday as Freeport-McMoRan on Wednesday declared force majeure at its Grasberg mine in Indonesia. COMEX Copper zoomed 3.65% and is currently at $4.87 per pound, up 1.26% on the day and hitting two-month high. Mining operations in the Grasberg minerals district have been temporarily suspended since September 8th, as previously reported, the company stated. It also noted that for the third quarter of 2025, FCX’s consolidated sales are expected to be approximately 4% lower for copper and approximately 6% lower for gold than July 2025 estimates. Preliminary assessments indicate that the impacts are likely to result in the deferral of significant production in the near-term (fourth quarter of 2025 and the year 2026) as repairs are completed and a phased restart and ramp-up of operations commences. A return to pre-incident operating rates could potentially be achieved in 2027.
More News

Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.
+91-22-25229720
+91-8657545825
>info@capitalmarket.com

For any Capital Market Website related queries mail to :
webdesk@capitalmarket.com

For Capital Market Magazine subscription queries :
subscription@capitalmarket.com

For Capital Market Online Product related queries :
financeshop@capitalmarket.com

To advertise on Capital Market Websites mail to :
advt@capitalmarket.com

To email Press Releases :
pressrelease@capitalmarket.com

Kindly note www.capitalmarket.com does not send any mobile SMS, whatsapp or twitter messages giving any kind of stock recommendations.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

Copyright @ Capital Market Publishers India Pvt.Ltd

Designed, Developed and maintained by CMOTS Infotech (ISO 9001:2015 Certified)

Site best viewed in Internet Explorer Edge ,   Google Chrome 115.0.5790.111 + ,   Mozilla Firefox 115.0.3 + ,   Opera 30.0+, Safari 16.4.1 +