Business Segments · Exploration Expense
Cerro Verde — Exploration Expense
Freeport-McMoRan Inc. Cerro Verde — Exploration Expense remained flat by 0.0% to $4.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 33.3%, from $3.00M to $4.00M. Over 2 years (FY 2023 to FY 2025), Cerro Verde — Exploration Expense shows an upward trend with a 26.5% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2023
Last reportedQ4 2025
How to read this metric
An increase reflects a commitment to long-term growth, whereas a decrease may signal a focus on short-term cash preservation.
Detailed definition
This metric tracks the spending on geological surveys, drilling, and research to identify or expand mineral reserves. It...
Peer comparison
Standard R&D-equivalent metric for the mining and natural resources sector.
Metric ID:
fcx_segment_cerro_verde_exploration_expenseHistorical Data
3 years
| FY'23 | FY'24 | FY'25 | |
|---|---|---|---|
| Value | $10.00M | $12.00M | $16.00M |
| YoY Change | — | +20.0% | +33.3% |
Range$10.00M – $16.00M
CAGR+26.5%
Avg YoY Growth+26.7%
Median YoY Growth+26.7%
Current Streak2+ years growth
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Frequently Asked Questions
- What is Freeport-McMoRan Inc.'s cerro verde — exploration expense?
- Freeport-McMoRan Inc. (FCX) reported cerro verde — exploration expense of $4.00M in Q4 2025.
- How has Freeport-McMoRan Inc.'s cerro verde — exploration expense changed year-over-year?
- Freeport-McMoRan Inc.'s cerro verde — exploration expense increased by 33.3% year-over-year, from $3.00M to $4.00M.
- What is the long-term trend for Freeport-McMoRan Inc.'s cerro verde — exploration expense?
- Over 2 years (2023 to 2025), Freeport-McMoRan Inc.'s cerro verde — exploration expense has grown at a 26.5% compound annual growth rate (CAGR), from $10.00M to $16.00M.
- What does cerro verde — exploration expense mean?
- Costs spent on searching for new mineral deposits or expanding existing reserves.