Discontinued — last reported Q3 '25
Geographic · Exploration and research expenses
South America — Exploration and research expenses
Freeport-McMoRan Inc. South America — Exploration and research expenses decreased by 25.0% to $3M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 50.0%, from $2M to $3M.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2016
Last reportedQ3 2025Nov 6, 2025
Rolls up toExploration expenses
How to read this metric
Higher spending indicates a commitment to long-term reserve replacement and technological advancement, though it reduces short-term profitability.
Detailed definition
Costs incurred for geological surveys, drilling, and research activities aimed at identifying new mineral deposits or im...
Peer comparison
Commonly reported as 'exploration expense' by major mining firms to signal future growth potential.
Metric ID:
fcx_segment_south_america_exploration_and_research_expensesHistorical Data
18 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0 | $0 | $0 | $0 | $0 | $0 | $9M | $2M | $4M | $2M | $6M | $4M | $5M | $2M | $5M | $4M | $4M | $3M |
| QoQ Change | — | — | — | — | — | — | — | -77.8% | +100.0% | -50.0% | +200.0% | -33.3% | +25.0% | -60.0% | +150.0% | -20.0% | +0.0% | -25.0% |
| YoY Change | — | — | — | — | — | — | — | — | — | — | -33.3% | +100.0% | +25.0% | +0.0% | -16.7% | +0.0% | -20.0% | +50.0% |
Range$0 – $9M
Avg YoY Growth+13.1%
Median YoY Growth+0.0%
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Frequently Asked Questions
- What is Freeport-McMoRan Inc.'s south america — exploration and research expenses?
- Freeport-McMoRan Inc. (FCX) reported south america — exploration and research expenses of $3M in Q3 2025.
- How has Freeport-McMoRan Inc.'s south america — exploration and research expenses changed year-over-year?
- Freeport-McMoRan Inc.'s south america — exploration and research expenses increased by 50.0% year-over-year, from $2M to $3M.
- What does south america — exploration and research expenses mean?
- Spending on activities to find new mineral reserves or improve mining techniques in South America.