<p>Freeport's stock price fell by as much as 9.6% in pre-market trading on Wednesday. This was after the company announced that production at its Grasberg Block Cave mine in Indonesia would be suspended due to a fatal landslide accident, resulting in a short-term reduction in copper and gold output, which may not return to pre-accident operational levels until 2027. Among other stocks, Teck Resources rose by 5.3%, and Southern Copper increased by 4.4%. Meanwhile, in Europe, copper companies Antofagasta, KGHM, Anglo American, Glencore, and Boliden were all boosted by this news</p>

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TECK

<p>Freeport's stock price fell by 9.6% in pre-market trading on Wednesday due to the suspension of production at its Grasberg Block Cave mine in Indonesia following a landslide incident, leading to a short-term reduction in copper and gold output, which is expected to return to pre-incident levels by 2027. Teck Resources and Southern Copper rose by 5.3% and 4.4%, respectively. European copper companies Antofagasta, KGHM, Anglo American, Glencore, and Boliden were boosted by this news</p>

Freeport's stock price plummets as the Grasberg mine accident will lead to a decline in copper and gold production