Begin initial cathode production at the Manyar smelter
Delivered after the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 23 Apr 2024
- Due
- 31 Oct 2024
- Delivered
- July 2025
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“October – Initial cathode production”
What we found
Evidence strength A What the grades mean
The company failed to begin cathode production by the October 2024 deadline due to a fire during commissioning; production was ultimately achieved in late July 2025.
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A Freeport-McMoRan 10-Q filed 2024-11-08
“On October 14, 2024, a fire occurred during commissioning of PT Freeport Indonesia’s (PT-FI) new smelter in Gresik, Indonesia, following an equipment malfunction in the smelter furnace.” ✓ confirmed on the page
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A Freeport-McMoRan 10-Q filed 2025-08-08
“Start-up activities are ongoing and production of the first copper anode and cathode was achieved in late July 2025.” ✓ confirmed on the page
Market reaction: the shares moved -10.5% against the S&P 500 over the three sessions around the disclosure (7 Nov 2024 to 12 Nov 2024). What this measures
Checked 18 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Production start
- Indicative materiality
- High rules
- Action
- Begin
- Deliverable
- Manyar smelter cathode production
- Where
- Indonesia
- In the company’s control
- High
- Specificity
- High
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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