Freeport-McMoRan Inc.
Freeport-McMoRan is a leading international mining company focused on the exploration, development, and production of essential metals. The company maintains a significant portfolio of long-lived assets, primarily centered on copper, gold, and molybdenum. Its core value proposition lies in its large-scale mineral reserves and its ability to supply critical materials for global electrification and infrastructure.
Financials
Based on Q1 2026 filing
Revenue
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Copper Mining
primaryThe primary revenue driver involving the extraction and processing of copper ore into concentrates or cathodes. Operations include large-scale open-pit and underground mining across the Americas and Indonesia.
Copper Concentrate, Copper Cathode, Copper Rod
Smelters, Refineries, Industrial Manufacturers
Gold Mining
majorProduction of gold primarily as a significant co-product from copper mining operations, particularly at the Grasberg minerals district. This segment benefits from high-grade ore bodies that provide substantial byproduct credits.
Gold in Concentrate, Gold Bullion
Refineries, Financial Institutions
Molybdenum Mining
moderateExtraction of molybdenum as both a primary product and a byproduct, used extensively in steel alloys and chemical applications. The company is one of the world's largest producers of this refractory metal.
Molybdenum Concentrate, Molybdenum Oxide, Ferromolybdenum
Steel Producers, Chemical Manufacturers, Industrial Tool Makers
Smelting & Refining
moderateDownstream processing operations that convert copper concentrates into high-purity copper metal and recover valuable byproducts like anode slimes.
Refined Copper, Anode Slimes, Sulfuric Acid
Fabricators, Wire and Cable Manufacturers
Segment Financials
Copper — Number Of Operations
View metricAtlantic Copper Smelting & Refining — Production and delivery
View metricRod & Refining — Production and delivery
View metricGrasberg Segment — Tolling fee
View metricGrasberg Segment — Production and delivery
View metricGrasberg Segment — Cost of Goods and Service, Recovery Expenses, Excluding Depreciation, Depletion, and Amortization
View metricAtlantic Copper Smelting & Refining — Concentration risk percentage
View metricMorenci — Production and delivery
View metricBusiness Overview
Competitive Position
One of the world's largest publicly traded copper producers with a dominant position in the Indonesian and North American mining sectors.
Geographies
United States, Indonesia, Peru, Chile
Customer Segments
Industrial Manufacturers, Metal Fabricators, Global Commodity Traders
Upstream Dependencies
Mining Equipment Manufacturers, Energy Providers, Exploration Services, Chemical Suppliers
Downstream Customers
Electrical Grid Infrastructure, Electric Vehicle Manufacturers, Construction Companies, Consumer Electronics Producers
Competitors & Partners
Competitors
Similar Companies
Subsidiaries
PT Freeport Indonesia
Operating subsidiary for the Grasberg minerals district
PT Smelting
Indonesian smelting joint venture affiliate
Freeport-McMoRan Inc. FAQ
Common questions about Freeport-McMoRan Inc.
Freeport-McMoRan is a leading international mining company focused on the exploration, development, and production of essential metals. The company maintains a significant portfolio of long-lived assets, primarily centered on copper, gold, and molybdenum. Its core value proposition lies in its large-scale mineral reserves and its ability to supply critical materials for global electrification and infrastructure.
Freeport-McMoRan Inc. (FCX) has a market capitalization of $89.6B and trades on NYSE.
Freeport-McMoRan Inc. generated $26.4B in trailing twelve-month revenue with net income of $4.7B, representing a net margin of 18.0%. Gross margin stands at 28.2%, with free cash flow of $2.0B. These figures are based on the Q1 2026 filing.
Freeport-McMoRan Inc.'s key competitors include Southern Copper Corporation, Newmont Corporation, Royal Gold Inc, and others. These companies compete in similar markets and product categories.
Freeport-McMoRan Inc. has approximately 27,200 employees.