Freeport-McMoRan Impacted by Mine Accident and Guidance Cut
about 1 month ago
"Freeport-McMarin, among the worst performers in the S&P 500 as well, fell another 6%, down 6.2% today. Followed from the accident at the Grassberg copper mine in Indonesia continues. The accident at the mine killed two workers that left five missing, and it's led Freeport to declare force majeure on contracted supplies and slash its production guidance."
Freeport-McMoRan experienced a decline of over 6% following a tragic mine accident in Indonesia that resulted in fatalities and missing workers, prompting the company to declare force majeure and reduce its production guidance.
Scores
Alpha Potential
8.0/10
Novelty
7.0/10
Credibility
8.0/10
Timeliness
9.0/10
Overall
8.0/10
Sentiment
Bearish
Conviction
High
Tier
Company Commentary
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Episode Information
Episode:
Closing Bell: Intel Rises, Tesla Slumps, Freeport-McMoRan Falls
Source:Stock Movers
Published:
September 25, 2025
Idea Type:
Company Opinion