Tag: Freeport McMoRan
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FCX delivers strong quarterly results, plans major expansion
Freeport McMoRan (FCX) reported a strong second quarter in 2024, with net income of $616 million and adjusted net income of $667 million, despite shipping delays in Indonesia. The company produced 1 billion pounds of copper, 443,000 ounces of gold, and 20 million pounds of molybdenum in second quarter (Q2). Full-year sales are projected at…