FreeportMcMoRan, based in Phoenix, Arizona, employs 27,200 people and mines copper, gold, and molybdenum across diverse locations, including the Grasberg district in Indonesia and several North and South American operations. Its key segments include the Morenci and Cerro Verde mines, along with various copper and molybdenum operations.
FCX has been in the news recently: Freeport-McMoRan (FCX) has received mixed evaluations from seven analysts, reflecting both optimistic and pessimistic views on its future performance. Bank of America highlights that the company is likely to benefit from U.S. copper prices, projecting that 36% of its 2025 revenues will come from this sector.
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