Economic Policy

Freeport’s Indonesia Mine Disaster Exposes Risks to America’s Copper Supply Chain

By Economics Desk | September 24, 2025

After a deadly accident halts Freeport-McMoRan’s Indonesian copper operations, Americans face higher prices and increased supply risks amid growing demand for critical metals.

Freeport-McMoRan’s recent announcement of a severe downturn in third-quarter copper revenue following a tragic mine accident in Indonesia is more than just a corporate setback—it is a stark reminder of the vulnerabilities in global supply chains that America depends on for essential resources. On September 8, an estimated 800,000 metric tons of "wet material" surged through Freeport’s Grasberg Block Cave mine, tragically killing two workers and leaving five missing. This catastrophic event has forced the mine to remain offline well into the first half of 2026, with only limited operations restarting by late this year. The resulting damage has prompted...

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