Commodity Origins

Grasberg: a copper operation in Indonesia

Grasberg is an underground mine producing copper in Papua province, Indonesia, operated by Freeport-McMoRan. The sources report 1,015 million lb recoverable copper (Grasberg minerals district) for CY2025; the basis is 100% of PTFI (consolidated by FCX). In copper content, whole-operation output for CY2025 is about 460,400 tonnes (derived here, not printed by the source): about 2% of world copper output in 2025 and about 65% of Indonesia's; it is one of 11 operations on this site whose output can be stated in copper content.

Who owns and operates it?

Owners of Grasberg
OwnerInterestAs of
Freeport-McMoRan (operator)
share ownership in PTFI
48.76%31 December 2025
PT Mineral Industri Indonesia (MIND ID) and PT Indonesia Papua Metal dan Mineral (collectively)51.24%31 December 2025

Interests are as stated in the sources below on the date shown. Ownership changes with deals, so a stake may have changed since the date shown.

How much does it produce?

Reported output of Grasberg
PeriodOutputBasisWhere in the source
CY20251,015 million lb recoverable copper (Grasberg minerals district)100% of PTFI (consolidated by FCX)MINING PRODUCTION AND SALES DATA table, Grasberg minerals district (48.76%), p.34; text pp.23-24; mud-rush text p.22 · Freeport-McMoRan Inc.
CY20241,800 million lb recoverable copper100% of PTFI (consolidated by FCX)MINING PRODUCTION AND SALES DATA table, p.34 · Freeport-McMoRan Inc.

How the copper-content figure is worked out. Freeport-McMoRan reports 1,015 million pounds of recoverable copper for PT Freeport Indonesia, on a 100% basis. At 453.592 tonnes per million pounds that is about 460,400 tonnes. Output in 2025 was reduced by the mud rush at the Grasberg Block Cave on 8 September 2025, as the company's reports describe. World mine production of copper in 2025 was 23,000,000 tonnes (USGS Mineral Commodity Summaries 2026); Indonesia produced 710,000 tonnes.

Status: ramping, as of 27 October 2026.

How does it compare?

Other copper operations on this site: Escondida, Cerro Verde, Antamina, Morenci, Kamoa-Kakula, Kamoto Copper Company (KCC), Oyu Tolgoi, Las Bambas, Buenavista del Cobre, Toquepala. See where copper comes from for the country totals, the country page for Indonesia, and Freeport-McMoRan for its other operations here.

Sources

Method and limits