Headquartered in Phoenix, AZ Fiscal year ends December NYSE: FCX fcx.com
Freeport-McMoRan Inc. (NYSE: FCX) is one of the world's largest publicly traded copper producers, with significant operations in gold and molybdenum mining. The company operates large, long-lived, geographically diverse mining assets across three primary regions: the United States (seven copper mines in Arizona and New Mexico, plus smelting and refining facilities), South America (the Cerro Verde mine in Peru and El Abra mine in Chile), and Indonesia (the Grasberg minerals district, one of the world's largest copper and gold deposits). FCX holds a 48.76% interest in PT Freeport Indonesia, which operates the Grasberg complex including three underground mines and downstream smelting and refining facilities making PTFI a fully integrated producer. The company also operates two primary molybdenum mines in Colorado (Climax and Henderson). FCX accounts for approximately 70% of total U.S. refined copper production and is advancing a pipeline of organic growth projects including innovative leaching technologies, potential expansions at Bagdad and Safford/Lone Star in Arizona, a major greenfield expansion opportunity at El Abra in Chile, the Kucing Liar deposit development in the Grasberg district, and the Atlantic Copper CirCular electronic materials recycling facility in Spain. The company has achieved the Copper Mark responsible production certification at all operating sites globally. Updated
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Freeport-McMoRan Inc. (NYSE: FCX) is one of the world's largest publicly traded copper producers, with significant operations in gold and molybdenum mining.
24/7 Wall St.'s 12-month price target for FCX is $71.25, rated Hold. The Wall Street consensus target is $74.00. FCX price prediction →
