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Freeport McMoRan

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$63.38
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About Freeport McMoRan

Freeport-McMoRan Inc. is one of the world's largest publicly traded copper producers, with significant operations in gold and molybdenum mining. The company is headquartered in Phoenix, Arizona and operates through subsidiaries across North America, South America and Indonesia.

The company holds a majority interest in PT Freeport Indonesia, which operates the Grasberg minerals district in Papua, Indonesia. Grasberg ranks among the world's largest copper and gold deposits, featuring both open-pit and underground mining operations including the Grasberg Block Cave and Deep Mill Level Zone. These underground ore bodies represent a long-life resource base that underpins a substantial portion of the company's global production.

In the Americas, Freeport-McMoRan operates several large-scale copper mines including Morenci in Arizona, Cerro Verde in Peru and El Abra in Chile. Morenci stands as one of the largest copper-producing operations in North America. The company also maintains smelting and refining capacity through its Atlantic Copper subsidiary in Spain and its Miami, Arizona smelter.

Freeport-McMoRan's product portfolio centers on copper cathodes, copper concentrates, gold concentrates and molybdenum. The company employs a range of extraction methods including conventional milling, solvent extraction and electrowinning (SX/EW) to process ore across its geographically diversified asset base.

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Why Freeport McMoRan Matters

Freeport-McMoRan operates within the global mining industry, where copper plays a central role in electrification, infrastructure development and industrial manufacturing. As a primary copper producer with integrated smelting and refining capabilities, the company is positioned across the full value chain of base metals production, from ore extraction through refined product delivery to end-market consumers worldwide.