Freeport-McMoRan Inc - Company Profile
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Business Description
Freeport-McMoRan Inc (FCX) is a metals company primarily involved in the production of copper, gold, and molybdenum. Its business portfolio includes the production and sale of copper concentrate, cathode, and continuous cast copper rod. The company operates several mining complexes, including the Grasberg minerals district in Indonesia, the Morenci minerals district in Arizona, and the Cerro Verde operation in Peru. In addition to copper, these operations also produce gold, molybdenum concentrate, and silver. The company has a joint venture with Mitsubishi Materials Corp for its PT Smelting copper smelter and refinery in Indonesia. The company serves industries that rely on copper for electrification initiatives, urbanization, data centers, artificial intelligence growth, defense spending, and global connectivity.
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Business Segments
- Atlantic Copper
- Corporate, Other and Eliminations
- Indonesia Operations
- Molybdenum Mines
- South America Operations
- U.S. Copper Mines
- U.S. Rod & Refining
Overview
Smelts and refines copper concentrates, and markets refined copper and precious metals in slimes. Operates a smelter at the Miami mining operations in Arizona Owns and operates Atlantic Copper smelter and refinery on land concessions from the Huelva, Spain.
Performance
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Overview
Consists of other mining, oil and gas operations and other corporate and elimination items. Other mining includes Miami smelter, molybdenum conversion facilities in the US and Europe, Freeport Cobalt, non-operating copper mines in North America, and other mining support entities.
Performance
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Overview
Comprises the operations of PT Freeport Indonesia (PT-FI) (48.76%). PT-FI’s assets include Grasberg minerals district, which produces copper concentrates containing significant amounts of silver and gold from operating area of 24,600-acres.
Performance
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Overview
Includes the operations of Climax open-pit mine and Henderson underground mine, both in Colorado.
Performance
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Overview
Comprises open-pit mining, leaching, sulfide ore concentrating and SX/EW operations. Operates copper mines including El Abra in Chile; and Cerro Verde in Peru.
Performance
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Overview
Comprises open-pit mining, sulfide ore concentrating, leaching and solution extraction and electrowinning (SX/EW) operations. Operates open-pit copper mines, namely, Safford, Bagdad, Morenci, Sierrita and Miami in Arizona; and Chino, and Tyrone in New Mexico.
Performance
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Overview
Comprises copper conversion facilities in North America and includes rod mills, a refinery, and a specialty copper products facility.
Performance
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Geographical Segments
- Chile
- China
- Egypt
- France
- Germany
- India
- Indonesia
- Japan
- Other
- Philippines
- Singapore
- South Korea
- Spain
- Switzerland
- U.S.
- United Kingdom
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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