Geographic · Exploration and research expenses
North America — Exploration and research expenses
Freeport-McMoRan Inc. North America — Exploration and research expenses increased by 15.4% to $15.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 87.5%, from $8.00M to $15.00M. Over 2 years (FY 2021 to FY 2024), North America — Exploration and research expenses shows an upward trend with a 563.3% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2016
Last reportedQ3 2025
How to read this metric
Higher spending suggests a focus on long-term growth and reserve replacement, while lower spending may indicate a focus on short-term cash preservation.
Detailed definition
This metric tracks the spending on geological exploration to identify new mineral deposits and research initiatives aime...
Peer comparison
Commonly reported as 'exploration expense' or 'R&D' in the mining and natural resources sector.
Metric ID:
fcx_segment_north_america_exploration_and_research_expensesHistorical Data
17 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $1.00M | $0.00 | $0.00 | $1.00M | $0.00 | $0.00 | $19.00M | $18.00M | $6.00M | $12.00M | $14.00M | $8.00M | $10.00M | $12.00M | $13.00M | $15.00M |
| QoQ Change | — | — | -100.0% | — | — | -100.0% | — | — | -5.3% | -66.7% | +100.0% | +16.7% | -42.9% | +25.0% | +20.0% | +8.3% | +15.4% |
| YoY Change | — | — | — | — | — | -100.0% | — | — | >999% | — | -36.8% | -22.2% | +33.3% | — | +0.0% | -7.1% | +87.5% |
Range$0.00 – $19.00M
Avg YoY Growth+206.8%
Median YoY Growth-3.6%
Current Streak4 quarters growth
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Frequently Asked Questions
- What is Freeport-McMoRan Inc.'s north america — exploration and research expenses?
- Freeport-McMoRan Inc. (FCX) reported north america — exploration and research expenses of $15.00M in Q3 2025.
- How has Freeport-McMoRan Inc.'s north america — exploration and research expenses changed year-over-year?
- Freeport-McMoRan Inc.'s north america — exploration and research expenses increased by 87.5% year-over-year, from $8.00M to $15.00M.
- What is the long-term trend for Freeport-McMoRan Inc.'s north america — exploration and research expenses?
- Over 2 years (2021 to 2024), Freeport-McMoRan Inc.'s north america — exploration and research expenses has grown at a 563.3% compound annual growth rate (CAGR), from $1.00M to $44.00M.
- What does north america — exploration and research expenses mean?
- Costs incurred for finding new mineral resources and developing better mining technologies in North America.