---
schema_version: "secwatch.filing_event.v1"
accession: "0000831259-25-000052"
form_type: "8-K"
ticker: "FCX"
cik: "0000831259"
company_name: "FREEPORT-MCMORAN INC"
filed_at: "2025-11-18T23:59:59+00:00"
generated_at: "2026-05-16T18:59:18.059772+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Freeport: Grasberg Block Cave restart begins Q2 2026; 2026 production ~1B lbs Cu, 0.9M oz Au

## Summary
- Phased restart of Grasberg Block Cave underground mine begins in Q2 2026; remediation underway.
- 2026 PTFI production forecast similar to 2025: ~1.0B lbs copper and 0.9M oz gold.
- 2027-2029 average annual production expected to reach 1.6B lbs copper and 1.3M oz gold.
- September 2025 mud rush incident caused 7 fatalities; operations suspended and force majeure declared.
- Unaffected Big Gossan and Deep Mill Level Zone mines restarted in late October 2025.

## SEC filing metadata
- accession: 0000831259-25-000052
- form_type: 8-K
- ticker: FCX
- cik: 0000831259
- company_name: FREEPORT-MCMORAN INC
- filed_at: 2025-11-18T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/831259/000083125925000052/0000831259-25-000052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/831259/000083125925000052/fcx-20251118.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000831259-25-000052
- JSON: https://secwatch.observer/filing/0000831259-25-000052.json
- Plain text: https://secwatch.observer/filing/0000831259-25-000052.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.