47.38000 USD
0.73
1.52%
Last update Dec 12, 3:59 PM EST
Market closed
Day range
46.81000
49
Previous close
48.11000
Open
48.76000
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Freeport-McMoRan Inc.
47.38
0.73
1.52%

Overview

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Description

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.

About

CEO
Ms. Kathleen Lynne Quirk
Employees
28500
Address
333 North Central Avenue
Phoenix, 85004-2189, AZ
United States
Phone
602 366 8100
Website
Instrument type
Common stock
Sector
Basic Materials
Industry
Copper
Country
United States
MIC code
XNYS
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