About Freeport-McMoRan Inc (FCX)

Company Description:

Freeport-McMoRan Inc. is a leading international mining company with significant reserves of copper, gold, and molybdenum. The company primarily operates large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold, and molybdenum. Freeport-McMoRan is the world's largest publicly traded copper producer.

The company was founded in 1912 and has its headquarters in Phoenix, Arizona, United States.

Main Product(s):

Freeport-McMoRan's primary products are copper, gold, and molybdenum. The company is also a significant producer of gold and molybdenum as by-products of its copper mining operations.

Short History of Freeport-McMoRan Inc:

• 1912 – The company was founded.
• 1988 – Freeport-McMoRan was formed through a merger of Freeport Minerals, formerly Texas Freeport Sulphur Company, and McMoRan Oil & Gas Company.
• 1990s – Significant expansion into gold mining with the development of the Grasberg mine in Indonesia, one of the world's largest copper and gold deposits.
• 2007 – The company acquired Phelps Dodge Corporation, becoming the largest publicly traded copper producer.
• Recent Years – Continued focus on large-scale mining operations and sustainable practices, with significant contributions to the global copper supply.