Freeport-McMoRan

FCX · NYSE

$68.87−$0.88 (−1.26%)TodayMarket closed ·
Prev close $69.75

About FCX

Freeport-McMoRan, Inc. engages in the mining of copper, gold, and molybdenum. The company is headquartered in Phoenix, Arizona and currently employs 29,000 full-time employees. The firm operates assets with reserves of copper, gold and molybdenum. Its portfolio of assets includes the Grasberg minerals district in Indonesia, which is a copper and gold deposit; and operations in the United States, including the large-scale Morenci minerals district in North America and the Cerro Verde operation in South America. Its segments include Cerro Verde copper mine, Indonesia operations and United States Rod & Refining operations. The company produces copper concentrate, cathode and continuous cast copper rod. Its copper ore from mines is processed by smelting and refining or by solution extraction and electrowinning (SX/EW). The company produces copper cathodes at an electrolytic refinery located in El Paso, Texas. The SX/EW cathode is produced from the Morenci, Bagdad, Safford, Sierrita, Miami, Chino and Tyrone mines in the United States, and from the Cerro Verde and El Abra mines in South America.

Employees
29,000
Headquarters
Phoenix, Arizona
Listed
May 5, 1988
Sector
Materials
Industry
Metals & Mining
Website
fcx.com

Leadership

Freeport-McMoRan executives
NameTitleSince
Richard Adkerson—1997
Kathleen Quirk—2003
Maree Robertson——
Stephen Higgins——
Douglas Currault——
Dustan Mccoy——
David Abney——
Marcela Donadio——
Robert Dudley——
Hugh Grant——
Lydia Kennard——
Ryan Lance——
Sara Lewis——
John Stephens——
Frances Townsend——
David Joint——

Revenue by product and region

Fiscal year ended Dec 31, 2020: $14.20B total revenue

By product

  • Rod & Refining$4.78B33.7%
  • Indonesia$3.53B24.9%
  • Cerro Verde$2.28B16.1%
  • Other$2.27B16.0%
  • Atlantic Copper Smelting & Refining$2.02B14.2%
  • Other$3.12B22.0%

By region

  • U.S.$5.25B37.0%
  • North America$4.29B30.2%
  • Indonesia$3.53B24.9%
  • South America$2.71B19.1%
  • South America$2.28B16.1%
  • Other$14.39B101.3%

Suppliers and customers

Price correlation is over one year: 1 means the stocks move together, -1 opposite

Freeport-McMoRan suppliers and customers
CompanyRelationshipCorrelation
Univar Solutions UNVRCustomer0.85
ICL Group Ltd ICLCustomer0.80
ITOCHUSupplier0.77
Sumitomo Metal MiningSupplier and customer0.76
Sims SGM.AXSupplier0.74
Mitsubishi Corporation MSBHFCustomer0.72
MitsubishiSupplier and customer0.68
Genesis Energy GELSupplier0.63
Calumet Specialty Prods CLMTSupplier0.63
Fortis Inc. FTSSupplier0.60

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