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Grasberg mudslide puts copper in shortage through 2027

Original: A single mudslide at Grasberg locked copper into shortage through 2027

A mudslide at the Grasberg mine in Indonesia, one of the world's largest copper and gold operations run by Freeport-McMoRan, has disrupted output badly enough that analysts now expect a global copper shortage lasting through 2027. The halt at a single site is rippling through supply forecasts for a metal central to power grids, EVs and data centres, tightening an already strained market and lifting prices.

Why now: The shutdown of a major copper source has cut global supply expectations and pushed prices up, drawing wide attention from markets and industry.

Grasberg mineFreeport-McMoRanIndonesiacopper

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• A single mudslide at Grasberg locked copper into shortage through 2027 · Startup Fortune

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