Freeport-McMoRan Inc logo

Freeport-McMoRan Inc FCX

Market Closed
21 Jun, 20:00
NYSE NYSE
$
49. 56
+0.2
+0.41%
After Hours
$
49. 67
+0.11 +0.22%
77.9B Market Cap
27.67 P/E Ratio
0.6% Div Yield
18,825,000 Volume
1.47 Eps
$ 49.36
Previous Close
Day Range
48.21 49.82
Year Range
32.83 55.24

FCX Chart

Freeport-McMoRan Inc Profile

Copper Industry
Basic Materials Sector
Mr. Richard Carl Adkerson CEO
NYSE Exchange
US35671D8570 ISIN
US Country
27,200 Employees
- Last Dividend
2 Feb 2011 Last Split
10 Jul 1995 IPO Date

Overview

Freeport-McMoRan Inc., a leading international mining company, operates across North America, South America, and Indonesia. Founded in 1987 and initially known as Freeport-McMoRan Copper & Gold Inc., the company underwent a name change in July 2014 to better reflect its expanded portfolio of mined materials beyond just copper and gold. With its headquarters situated in Phoenix, Arizona, Freeport-McMoRan Inc. specializes in the exploration and production of a wide range of minerals. It has built a robust presence across several strategic locations, including the renowned Grasberg minerals district in Indonesia and numerous significant mining operations across Arizona, New Mexico, and Colorado in North America, as well as in Peru and Chile in South America.

Products and Services

  • Copper
  • As a cornerstone product, copper stands at the forefront of Freeport-McMoRan Inc.'s mining operations. This essential metal, known for its excellent electrical conductivity, is widely used in electrical equipment, construction, and various industrial machinery.

  • Gold
  • Alongside copper, Freeport-McMoRan Inc. maintains significant gold mining efforts, particularly noted in the Grasberg minerals district. Gold is not only a critical asset for the company but also a key player in the global jewelry market and as an investment commodity.

  • Molybdenum
  • Molybdenum is another valuable mineral in the company’s portfolio, primarily used as an alloying agent in steel to enhance strength, resistance to corrosion, and temperature stability.

  • Silver
  • Freeport-McMoRan Inc. also explores for silver, a precious metal known for its use in jewelry, silverware, and as an industrial material in photovoltaic cells and electrical contacts due to its high electrical and thermal conductivity.

  • Other Metals
  • Expanding beyond these core products, the company is engaged in the extraction and production of various other metals, catering to a wide spectrum of industries and applications, demonstrating Freeport-McMoRan Inc.’s versatility and adaptability in the mining sector.

Contact Information

Address: 333 North Central Avenue, Phoenix, AZ, United States, 85004-2189
Phone: 602 366 8100
Website: https://fcx.com