Freeport trims copper sales outlook as Grasberg recovery advances
Freeport-McMoRan (NYSE: FCX) cut its copper sales forecasts for this year and next while reaffirming the recovery timetable for its Grasberg operation in Indonesia. Consolidated copper sales are projected to hit 3 billion lb. in 2026 and 3.7 billion lb. next year, Freeport said Tuesday in a statement. Those compare…