Freeport-McMoRan Inc. confirmed that the remaining five missing team members from the Grasberg Block Cave mine incident have been located and found deceased, bringing the total lives lost to seven. The incident involved a sudden rush of 800,000 metric tons of wet material, prompting temporary suspension of mining operations. PT Freeport Indonesia is conducting a comprehensive investigation into the cause, involving external experts and focusing on root cause analysis. The company aims to complete the investigation by the end of 2025 to prevent future occurrences.

Read more at Nasdaq: Freeport Confirms Loss Of Missing Workers In Grasberg Mine Incident; Investigation Underway