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Freeport-McMoRan Inc. (FCX) Reports an Incident at Its Grasberg Block Cave Underground Mine in Central Papua, Indonesia

By Faheem Tahir | September 22, 2025, 6:41 PM

With significant upside potential, Freeport-McMoRan Inc. (NYSE:FCX) secures a spot on our list of the Top 15 Stocks to Buy in 11 Different Sectors for the Next 3 Months.

Freeport-McMoRan Inc. (FCX) Reports an Incident at Its Grasberg Block Cave Underground Mine in Central Papua, Indonesia

On September 8, 2025, Freeport-McMoRan Inc. (NYSE:FCX) reported an incident at its Grasberg Block Cave underground mine in Central Papua, Indonesia, where a significant flow of wet material temporarily trapped seven contractors and blocked access routes.

Freeport-McMoRan Inc. (NYSE:FCX) confirmed contractors’ safety and launched 24/7 operations to secure evacuation and restore access. Mining operations remain suspended until the situation is fully resolved. Despite the disruption, leadership reaffirmed its priority on employee safety.

Freeport-McMoRan Inc. (NYSE:FCX) is a leading global mining company with major operations in North and South America and Indonesia, specializing in copper, gold, and molybdenum. It is one of the Best Diversified Stocks.

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READ NEXT: 11 Best Roth IRA Stocks to Invest in Now and 12 Best Uranium Stocks to Buy Right Now.

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