North America copper mines — CapEx
Freeport-McMoRan Inc. North America copper mines — CapEx decreased by 5.8% to $244M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.3%, from $255M to $244M. Over 4 years (FY 2021 to FY 2025), North America copper mines — CapEx shows an upward trend with a 34.0% CAGR.
Analysis
How to read this metric
An increase suggests aggressive investment in capacity expansion or infrastructure maintenance, while a decrease may signal a focus on cash preservation or the completion of major capital projects.
Detailed definition
This metric represents the total cash outflows used by the North American mining segment to acquire, upgrade, and mainta...
Peer comparison
Comparable to capital expenditure metrics reported by other major diversified mining companies for their specific regional or asset-based segments.
fcx_segment_u_s_copper_mines_capital_expendituresHistorical Data
| 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 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $69M | $116M | $131M | $130M | $146M | $154M | $167M | $196M | $182M | $167M | $216M | $237M | $243M | $263M | $290M | $255M | $273M | $315M | $259M | $244M |
| QoQ Change | — | +68.1% | +12.9% | -0.8% | +12.3% | +5.5% | +8.4% | +17.4% | -7.1% | -8.2% | +29.3% | +9.7% | +2.5% | +8.2% | +10.3% | -12.1% | +7.1% | +15.4% | -17.8% | -5.8% |
| YoY Change | — | — | — | — | +111.6% | +32.8% | +27.5% | +50.8% | +24.7% | +8.4% | +29.3% | +20.9% | +33.5% | +57.5% | +34.3% | +7.6% | +12.3% | +19.8% | -10.7% | -4.3% |
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Frequently Asked Questions
- What is Freeport-McMoRan Inc.'s north america copper mines — capex?
- Freeport-McMoRan Inc. (FCX) reported north america copper mines — capex of $244M in Q1 2026.
- How has Freeport-McMoRan Inc.'s north america copper mines — capex changed year-over-year?
- Freeport-McMoRan Inc.'s north america copper mines — capex decreased by 4.3% year-over-year, from $255M to $244M.
- What is the long-term trend for Freeport-McMoRan Inc.'s north america copper mines — capex?
- Over 4 years (2021 to 2025), Freeport-McMoRan Inc.'s north america copper mines — capex has grown at a 34.0% compound annual growth rate (CAGR), from $342M to $1.1B.
- What does north america copper mines — capex mean?
- The total amount of money invested in physical assets and infrastructure for the company's North American copper mining operations.