Freeport-McMoRan
A Phoenix, Arizona-based mining company and one of the world's largest publicly traded copper producers, with major operations including the Grasberg complex in Indonesia and the Morenci and Bagdad mines in Arizona.
Covered in 7 MetalsCost.com News Intelligence articles, most recently on September 13, 2026.
Coverage
Copper Mine Supply Is Headed for Its First Annual Decline Since 2017, Morgan Stanley Says
Global copper mine output fell 1.1% in H1 2026, and Morgan Stanley now expects the first full-year mine-supply decline since 2017, led by Chile's weakest quarter in 19 years.
Freeport-McMoRan Stock Jumps 7.5% as Copper Hits a Record $14,694 a Tonne on the LME
Freeport-McMoRan stock jumped up to 7.51% after LME copper hit a record $14,694/tonne; peers rallied too, though one fair-value model flags the stock as sharply overvalued.
Five Ways Indian Investors Can Get Copper Exposure Without Buying the Metal Itself
Copper hit a fresh record on the London Metal Exchange this month. Since India has no domestic copper ETF, investors turn to MCX futures, US-listed funds via the RBI's remittance scheme, or domestic and international mining stocks for exposure.
Freeport-McMoRan Beats Q2 Profit Estimates by 25% as Copper Demand Lifts Margins
Freeport-McMoRan's Q2 2026 profit beat estimates by 25% on strong copper, gold and molybdenum output, with the stock now steady near $76.
Molybdenum Oxide Futures Jump From $21 to $33 a Pound as China's 97,000-Tonne Output Anchors Global Supply
Molybdenum oxide futures have jumped from roughly $21 to $33 a pound, even as China's 97,000-tonne annual output continues to anchor a global supply base led by CMOC, Codelco and Freeport-McMoRan.
Copper Retests Its Record High as an Indonesian Smelter Goes Down and Aluminum Jumps on a Brazilian Gas Shortage
Copper hit $6.7005/lb, near its record, after a converter leak shut the Indonesian smelter processing Grasberg ore, taking 342,000 tonnes/year offline as aluminum jumped on a Brazilian alumina cut.
Freeport-McMoRan Beats Q2 Earnings Estimates as Copper's Record Rally Fuels Analyst Upgrades
Freeport-McMoRan's Q2 2026 profit beat Wall Street estimates by 25% as copper prices hit record highs on AI data-center and electrification demand, prompting Scotiabank and Bank of America to raise price targets.
