ounces (808 tonnes) of gold and 121.3 million ounces (3773 tonnes) of silver. Grasberg has three underground mining operations: Grasberg Block Cave, Deep Mill Level Zone and Big Gossan. The 2023 production was 1,500,000,000 lb of copper, 1,700,000 ozt of gold and 6,000,000 ozt of silver. The concentrate is delivered by pipeline to Amamapare.

In August 2017, FCX announced that it will divest its ownership in PTFI so that Indonesia owns 51%. In return the CoW will be replaced by a special license (IUPK)