Company Freeport-McMoRan Inc.

Equities

FCX

US35671D8570

Specialty Mining & Metals

Market Closed - Nyse 21:00:47 24/05/2024 BST 5-day change 1st Jan Change
51.53 USD +0.64% Intraday chart for Freeport-McMoRan Inc. -4.98% +21.05%

Business Summary

Freeport-McMoRan Inc. specializes in the exploration and operation of copper and gold mines located primarily in the United States, Peru, Chile, Indonesia and Congo. Net sales break down by family of products as follows:

- copper (74.6%): refined copper and copper concentrates (4.1 billion ounces sold in 2023);

- gold (14.5%): 1,713,000 ounces sold;

- molybdenum (8.4%): 1.3 billion ounces sold;

- other (2.5%).

Net sales are distributed geographically as follows: the United States (31.8%), Switzerland (17.4%), Japan (15%), Spain (5.5%), Singapore (5.1%), China (4.7%), Indonesia (3.3%), Germany (3.1%), Chile (1.9%), the United Kingdom (0.7%), and other (11.5%).

Number of employees: 27,200

Sales per Business

USD in Million2022Weight2023Weight Delta
Indonesia Mining
34.2 %
8,028 35.2 % 7,816 34.2 % -2.64%
Rod and Refining
25.8 %
6,281 27.6 % 5,886 25.8 % -6.29%
South America Mining - Cerro Verde
14.6 %
3,444 15.1 % 3,330 14.6 % -3.31%
Atlantic Copper Smelting and Refining
12.2 %
2,439 10.7 % 2,791 12.2 % +14.43%
Corporate, Other and Eliminations
8.6 %
1,392 6.1 % 1,965 8.6 % +41.16%
South America Mining - Other
3.6 %
768 3.4 % 824 3.6 % +7.29%
North America Copper Mines - Other
0.7 %
253 1.1 % 152 0.7 % -39.92%
North America Copper Mines - Morenci
0.4 %
175 0.8 % 91 0.4 % -48.00%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
31.8 %
7,339 32.2 % 7,264 31.8 % -1.02%
Switzerland
17.4 %
2,740 12.0 % 3,971 17.4 % +44.93%
Japan
15.0 %
2,462 10.8 % 3,431 15.0 % +39.36%
Other
5.9 %
1,367 6.0 % 1,353 5.9 % -1.02%
Spain
5.5 %
1,174 5.2 % 1,251 5.5 % +6.56%
Singapore
5.2 %
1,492 6.5 % 1,178 5.2 % -21.05%
China
4.7 %
929 4.1 % 1,081 4.7 % +16.36%
Indonesia
3.4 %
3,026 13.3 % 767 3.4 % -74.65%
Germany
3.1 %
632 2.8 % 714 3.1 % +12.97%
Chile
1.9 %
383 1.7 % 428 1.9 % +11.75%
Philippines
1.7 %
249 1.1 % 396 1.7 % +59.04%
India
1.5 %
330 1.4 % 354 1.5 % +7.27%
South Korea
1.2 %
302 1.3 % 267 1.2 % -11.59%
Egypt
1.0 %
-- 229 1.0 % -
United Kingdom
0.7 %
355 1.6 % 171 0.7 % -51.83%

Managers

Managers TitleAgeSince
Chief Executive Officer 77 31/12/88
Director of Finance/CFO 49 28/02/22
President 60 31/12/88
Chief Tech/Sci/R&D Officer - 28/02/95
Chief Administrative Officer 66 31/07/18
Investor Relations Contact - -
Comptroller/Controller/Auditor 46 29/06/22
Corporate Secretary - -
Corporate Officer/Principal - -
Corporate Officer/Principal 65 -

Members of the board

Members of the board TitleAgeSince
President 60 31/12/88
Director/Board Member 68 04/04/21
Director/Board Member 69 18/12/13
Chief Executive Officer 77 31/12/88
Director/Board Member 74 31/12/06
Director/Board Member 64 17/10/19
Director/Board Member 61 31/10/21
Director/Board Member 56 01/08/21
Director/Board Member 62 18/12/13
Director/Board Member 69 01/08/21

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,622,489,977 1,427,462,109 ( 87.98 %) 186,000,000 ( 11.46 %) 87.98 %

Shareholders

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
8.415 %
120,698,442 8.415 % 5 963 M $
BlackRock Advisors LLC
5.281 %
75,757,785 5.281 % 3 742 M $
Capital Research & Management Co. (Global Investors)
5.082 %
72,896,288 5.082 % 3 601 M $
Fidelity Management & Research Co. LLC
4.560 %
65,415,451 4.560 % 3 232 M $
62,946,951 4.388 % 3 110 M $
Fisher Asset Management LLC
3.948 %
56,629,948 3.948 % 2 798 M $
T. Rowe Price International Ltd.
2.571 %
36,882,874 2.571 % 1 822 M $
BlackRock Life Ltd.
2.131 %
30,567,559 2.131 % 1 510 M $
Geode Capital Management LLC
1.939 %
27,806,975 1.939 % 1 374 M $
Fiduciary Trust Company International
1.608 %
23,070,974 1.608 % 1 140 M $
NameEquities%Valuation
36ONE Asset Management Pty Ltd.
-
0 - - $
Lumyna Investments Ltd.
-
0 - - $
NameEquities%Valuation
Caixa DTVM SA
0.001485 %
63,899 0.001485 % 1 M $
abrdn Alternative Investments Ltd.
0.001015 %
43,668 0.001015 % 733 234 $

Holdings

NameEquities%Valuation
187,500,306 53.56% 7,104,386,594 $

Company contact information

Freeport-McMoRan, Inc.

333 North Central Avenue

85004-2189, Phoenix

+602 366 8100

http://www.fcx.com
address Freeport-McMoRan Inc.(FCX)

Group companies

NameCategory and Sector
Other Metals/Minerals
Other Metals/Minerals
Freeport-Mcmoran Copper & Gold Energy Services LLC
Minera Freeport-McMoran South America Ltda.
Other Metals/Minerals
Other Metals/Minerals
  1. Stock Market
  2. Equities
  3. FCX Stock
  4. Company Freeport-McMoRan Inc.