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Tag: Production

Manyar smelter faces supply issues

Freeport Indonesia may be forced to suspend operations at its Manyar smelter at the end of October due to a lack of copper concentrate, according to local press reports. The news follows the mudslide at the Grasberg mine in September, which killed seven workers. Grasberg, which represents almost 3% of global copper mine production, has halted production and Freeport says that it may not return to pre-accident operating rates until 2027. Stocks of copper concentrate at Grasberg were estimated to be only sufficient to operate the Manyar smelter until the end of October. The $3.7 billion Manyar smelter only resumed operations in May after a fire broke out in October last year, damaging the plant.

First production from Ghasha “within months”

First gas from Abu Dhabi’s 1.5 billion cfd Ghasha sour gas concession will be reached in early 2026, according to project partner PTTEP. The gas will come from the first phase 340 million cfd Dalma development. The Ghasha project is being developed by ADNOC (70%), Eni (10%), Thailand’s PTTEP (10%) and Russia’s Lukoil (10%). The outlook, published in PTTEP’s Q3 results, is a more cautious assessment than that provided by Eni in its own Q3 results. Eni said it was optimistic that the development would start up by the end of 2025.