Freeport-McMoRan is a U.S.-based metals miner focused on copper, with additional exposure to gold and molybdenum. Its portfolio is built around large, long-lived mining districts such as Grasberg in Indonesia, Morenci in Arizona, and Cerro Verde in Peru, plus downstream smelting, refining and rod-mill operations that help move mined material into saleable metal products.
33,8 %
28,2 %
16,0 %
+1,8 %
2.29
2.29
| % | |
|---|---|
| Copper | 80% Primary mined and processed copper products sold as concentrate, cathode and rod. |
| Gold | 15% By-product and co-product gold recovered from copper mining and sold as concentrate or bars. |
| Molybdenum | 5% Molybdenum produced from certain mining operations and sold into industrial end markets. |
Freeport sells into industrial and commodity markets rather than to end consumers, so its customers are typically...
Buy copper concentrate for processing into refined copper; they value consistent grade, volume and logistics.
Buy cathode and rod for wiring, power infrastructure and manufacturing applications.
Purchase and resell metal volumes, helping Freeport place output into global markets.
Buy gold bars and molybdenum for investment, industrial and alloy applications.
Operations are geographically diversified, but the business is anchored by major assets in the United States, Indonesia...
Freeport’s strategy is to remain foremost in copper by running large, low-cost assets, preserving balance-sheet...
Grasberg is a cornerstone asset and underground expansion supports future copper and gold output.
Commodity prices are volatile, so financial flexibility helps preserve operating optionality and shareholder returns.
Additional domestic growth can diversify production and support future copper supply.
Freeport is exposed to sharp swings in copper, gold and molybdenum prices, which can quickly change revenue, margins...
Revenue is highly sensitive to copper, gold and molybdenum prices, which are driven by global supply-demand and macro conditions.
The Grasberg minerals district is a major asset and underground development carries unique technical and safety risks.
Mining operations depend on permits, community acceptance and compliance with environmental standards.
Tariffs can increase input costs and create volatility in supply chains and customer demand.
China is the largest refined copper consumer, so macro weakness or trade tension can pressure prices.
: 11/08/2026