Home » Resource Database Case Study Freeport’s Share Price and Divestment Deal Spoiled by Tighter Tailings Rules Authoring Organisation BloombergNEF Publish Date 2024 Geography Indonesia United States of America Download Case Study (Freeport’s Share Price and Divestment Deal Spoiled by Tighter Tailings Rules)(This link will take you to an external website) About this Case StudyThe case study on mining company Freeport-McMoRan examines the transition risks of tighter tailings disposal regulations in Indonesia and the market reaction to the company’s response. Tailings disposal in waterways near Freeport’s mine had caused water pollution and forest degradation. Key outcomesFreeport-McMoRan faced an 18% share price fall immediately following the announcement of new mining waste regulations in Indonesia, the largest decline since 2016. Investors were concerned that the company’s inability to meet the new standards would further stall plans to increase government ownership of the mine. The mining sector is associated with impacts on nature, particularly water and air pollution, geological degradation and biodiversity loss. Download Case Study (Freeport’s Share Price and Divestment Deal Spoiled by Tighter Tailings Rules)(This link will take you to an external website) Related resources 3M Incurs $10.5 Billion Liability for Polluting Waterways with ‘Forever Chemicals’ BloombergNEF | 2024Location: United States of AmericaCase Study The case study examines financial and reputational impacts on 3M arising from soil and groundwater contamination with PFAS chemicals. It details the company's history of producing such chemicals, the impacts on nature and the resulting legal actions. The case study also explores the broader... Biodiversity Loss: An Introduction for Risk Professionals GARP | March 2023 In recent years, biodiversity loss has gained increasing focus as an urgent and systemic environmental risk for its impact on global food security, public health, and the resilience of natural life. Biodiversity loss, after all, was one of the top three... PG&E Liabilities for California Wildfires Led to Bankruptcy BloombergNEF | 2024Location: United States of AmericaCase Study The case study discusses PG&E's legal and financial risks associated with wildfires caused by poorly maintained energy infrastructure. It also examines the broader implications of nature-related risks for utility companies in the western USA. Related publications Additional sector guidance – Metals and mining Related webinars Insights on TNFD Sector Guidance March 8, 2024 (Updated: April 30, 2024) This Forum member webinar explored the draft sector guidance for 9 sectors published at COP16 in December 2023. This session provides an overview of all sector guidance, followed by two short deep dives on Metals &...