Cyberattack Hits Copper Miner Freeport With Limited Impact (1)

Freeport-McMoRan Inc. is investigating a cyberattack that has so far had limited impact on production, the copper miner said Friday.

The incident is affecting information systems, and future operations could be impacted if the attack is prolonged, Phoenix-based Freeport said in a statement. The company is taking measures to address the situation and is working with third-party experts and law enforcement.

“Transitional solutions are being planned and implemented to secure information systems as quickly as possible,” Freeport said.

The shares declined on the news, to trade 2.5% lower at 1:08 p.m. in New York.

Freeport, the world’s top publicly ...