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Freeport's Indonesia operations hit by flash floods

Published 08/16/2017, 08:12 AM
© Reuters.  Freeport's Indonesia operations hit by flash floods
FCX
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  • Freeport McMoRan (NYSE:FCX) says flash floods at its Indonesia operations have left one worker missing and caused extensive damage to a power plant.
  • A company spokesperson also says the main processing mill also may be affected if damage to infrastructure meant storage tanks filled up before repairs can be made.
  • FCX's Indonesian operation also is coping with a labor dispute that has caused intermittent production disruptions.
  • Now read: Freeport-McMoRan: Let's Speculate

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