Freeport-McMoRan Shares Plummet After Indonesia Mining Incident, Legal Probe
Freeport-McMoRan Inc. (NYSE:FCX) shares plummeted on September 9, 2025, following a mining incident in Indonesia and an investigation into potential securities law violations. The stock price fell $2.80 per share, closing at $43.87, a decrease of 5.99%.
The sudden drop in share price comes after Freeport suspended operations at its Grasberg Block Cave mine in Indonesia. A blockage trapped seven workers, leading to a temporary halt in mining activities. Meanwhile, law firm Bragar Eagel & Squire, P.C. has launched an investigation into potential claims against Freeport on behalf of its stockholders. The firm encourages investors who suffered losses to contact them directly to discuss their options. However, no specific details are available about which shareholders have contacted the firm or when these contacts occurred.
Freeport's stock price took a significant hit following the mining incident and the investigation announcement. The company and its shareholders await updates on both the safety situation in Indonesia and the outcome of the legal probe.
