Freeport-McMoran Inc. (FCX) Price and Market Data

Freeport-McMoRan holds interests in 10 copper mines, highlighted by a 49% stake in the Grasberg copper and gold operations in Indonesia, 55% ownership of Peru’s Cerro Verde mine, and 72% of the Morenci mine in Arizona. In 2025, the company sold approximately 1.1 million metric tons of copper on an attributable basis, ranking it among the world’s largest copper producers by volume. It also sold roughly 530,000 ounces of gold, primarily from Grasberg, and 74 million pounds of molybdenum. As of December 2025, Freeport-McMoRan had about 25 years of copper reserves. By 2030, we expect midcycle sales of around 1.3 million metric tons of copper and 610,000 ounces of gold.