Freeport-McMoRan Inc

Industry: Copper

Sector: Basic Materials

Primary metal: Copper

About

Freeport-McMoRan Inc. is a leading American mining company primarily engaged in the production of copper, gold, and molybdenum. Established through a series of mergers and acquisitions dating back to the early 20th century, Freeport-McMoRan has developed a robust portfolio of mining assets, including the world's largest gold mine, the Grasberg mine in Papua, Indonesia. The company is the world's largest producer of molybdenum and a major copper producer, operating extensive, long-lived, and geographically diverse assets with significant proven and probable reserves. Over its history, Freeport-McMoRan has expanded through strategic acquisitions, including the notable purchase of Phelps Dodge in 2007, which significantly increased its scale and global influence in the mining sector. The company plays a critical role in supplying essential minerals for industrial applications and continues to maintain a significant presence in the global natural resources market.

Symbol: FCXExchange: NYSECurrency: USD