Freeport-McMoRan Inc - Company Profile
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Business Description
Freeport-McMoRan Inc (FCX) produces copper, molybdenum, gold, cobalt, and oil and natural gas. It operates mining assets in Indonesia, and has significant mining operations in South America and North America, including Peru and Arizona. The company operates through seven reportable segments: North America Copper Mines; South America Mining; Indonesia Mining; Rod & Refining; Atlantic Copper Smelting & Refining; Molybdenum Mines; and Corporate, Other & Eliminations. In FY2022, the company’s capital expenditure stood at US$3,469 million. The company had nine. major subsidiaries at the end of FY2022.
Business Segments
- Atlantic Copper Smelting and Refining
- Corporate, Other and Eliminations
- Indonesia Mining
- Molybdenum Mines
- North America Copper Mines
- Rod and Refining
- South America Mining
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, 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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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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Geographical Segments
- Chile
- China
- 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
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
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Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Performance
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Performance
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Performance
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Performance
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