FreeportMcMoRan
Open
$67.93
Prev. Close
$67.93
High
$68.40
Low
$67.86
Market Snapshot
$98.32B
36.0
1.30
$25.46B
Freeport-McMoRan, Inc. engages in the mining of copper, gold, and molybdenum. The company is headquartered in Phoenix, Arizona and currently employs 29,000 full-time employees. The firm operates assets with reserves of copper, gold and molybdenum. Its portfolio of assets includes the Grasberg minerals district in Indonesia, which is a copper and gold deposit; and operations in the United States, including the large-scale Morenci minerals district in North America and the Cerro Verde operation in South America. Its segments include Cerro Verde copper mine, Indonesia operations and United States Rod & Refining operations. The company produces copper concentrate, cathode and continuous cast copper rod. Its copper ore from mines is processed by smelting and refining or by solution extraction and electrowinning (SX/EW). The company produces copper cathodes at an electrolytic refinery located in El Paso, Texas. The SX/EW cathode is produced from the Morenci, Bagdad, Safford, Sierrita, Miami, Chino and Tyrone mines in the United States, and from the Cerro Verde and El Abra mines in South America.
Freeport-McMoRan, Inc. engages in the mining of copper, gold, and molybdenum. The company is headquartered in Phoenix, Arizona and currently employs 29,000 full-time employees. The firm operates assets with reserves of copper, gold and molybdenum. Its portfolio of assets includes the Grasberg minerals district in Indonesia, which is a copper and gold deposit; and operations in the United States, including the large-scale Morenci minerals district in North America and the Cerro Verde operation in South America. Its segments include Cerro Verde copper mine, Indonesia operations and United States Rod & Refining operations. The company produces copper concentrate, cathode and continuous cast copper rod. Its copper ore from mines is processed by smelting and refining or by solution extraction and electrowinning (SX/EW). The company produces copper cathodes at an electrolytic refinery located in El Paso, Texas. The SX/EW cathode is produced from the Morenci, Bagdad, Safford, Sierrita, Miami, Chino and Tyrone mines in the United States, and from the Cerro Verde and El Abra mines in South America.
Recently from Cashu
Freeport-McMoRan Navigates Metals Market Volatility Amid Global Economic Uncertainties
Freeport-McMoRan Adjusts to Volatile Metals Market Amid Global Uncertainties Freeport-McMoRan, a leading player in the copper and gold mining sector, faces significant challenges and opportunities as…
Freeport-McMoRan Faces Profitability Squeeze from Rising Energy Costs and Declining Metal Prices
Navigating Mining Challenges Amid Rising Energy Costs As gold mining firms face steep challenges in the current market environment, the implications of escalating energy prices and declining metal pri…
Tensions in Middle East Disrupt Global Aluminum Supply and Drive Prices Near Four-Year Highs
Complex Shifts in Aluminum Supply Amid Middle East Tensions The escalating conflict in the Middle East, notably marked by tensions involving Iran, has significantly disrupted aluminum supplies, creati…
Gecko Robotics Wins $71 Million U.S. Navy Contract to Enhance Ship Repair Efficiency
Gecko Robotics Secures Major Contract with U.S. Navy to Transform Ship Repair Efficiency Gecko Robotics, a cutting-edge startup based in Pittsburgh, has recently achieved a landmark $71 million contra…