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Freeport-McMoRan is a copper miner, putting it in a position to benefit from the ongoing shift toward electrification.
Freeport-McMoRan Inc., often called Freeport, is an American mining company based in the Freeport-McMoRan Center, in Phoenix, Arizona. The company is the world's largest producer of molybdenum , a major copper producer and operates the world's largest gold mine , the Grasberg mine in Papua, Indonesia .
Freeport-McMoRan (NYSE ... and you can see where copper prices have been, they traded in a broad range during the year 2024 between $3.67 per pound and $4.92 per pound, averaging $4.15 per pound ...
If the price of copper doesn't rise or stays within the current range, it won't make sense to buy copper miner Freeport-McMoRan (NYSE: FCX). The Motley Fool Stock Advisor analyst team just ...
As of late, it has definitely been a great time to be an investor in Freeport-McMoRan.
In 2002, the company was separated from Plains Resources Inc. via a corporate spin-off. [3] In 2003, the company acquired 3TEC for $313 million. [4] In 2004, it and acquired Nuevo Energy for $945 million. These acquisitions gave the company petroleum-producing assets in the Southwestern United States and California. [5]
Freeport-McMoRan Copper & Gold Inc. Reports Fourth-Quarter and Year Ended December 31, 2012 Results PHOENIX--(BUSINESS WIRE)-- Freeport-McMoRan Copper & Gold Inc. (NYS: FCX) : Net income ...
Freeport-McMoRan (NYSE: FCX) Q3 2024 Earnings Call ... Copper prices again during the third quarter traded in a broad range. On the LME, they range between $3.91 and $4.47 per pound and on the ...