Full production recovery of Indonesia’s Grasberg Copper Mine is postponed to early 2028 due to severe mudslide damage, with current output only 40%-50% of capacity. As a major global copper and gold hub, the prolonged shutdown tightens global copper supply and lifts domestic and international copper futures prices. Multiple supply-side disturbances and raw material cost volatility further bring uncertainties to the copper market.
The 13th Mine Ural Exhibition kicks off on October 27, 2026. Jointly hosted by local authorities and mining associations, it is a prestigious regional mining event.
The fair covers complete mining industrial chain equipment and technologies. It gathers global enterprises and professionals to exchange cutting-edge solutions and seek business cooperation. Yekaterinburg boasts abundant mineral resources and solid industrial foundation, offering promising market opportunities for mining industry development.
Indonesia has postponed the plan to increase the mineral concession usage fees due to the opposition from the industry.
