FCX Freeport-McMoRan Inc.

Freeport Second-Quarter and Six-Month 2024 Financial and Operating Results Release Available on Its Website

Freeport (NYSE: FCX) today announced that it has posted its second-quarter and six-month 2024 financial and operating results press release on the Investor Relations page of its website at .

This press release features multimedia. View the full release here:

As previously indicated on its website, FCX will host a conference call today with securities analysts at 10:00 a.m. Eastern Time to discuss quarterly and six-month results. The conference call will be webcast on the Internet along with slides. Interested parties may listen to the conference call live and view the slides on the Investor Relations page of FCX’s website at . A replay of the webcast will be available through Friday, August 16, 2024.

FREEPORT: Foremost in Copper

FCX is a leading international metals company with the objective of being foremost in copper. Headquartered in Phoenix, Arizona, FCX operates large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold and molybdenum. FCX is one of the world’s largest publicly traded copper producers.

FCX’s portfolio of assets includes the Grasberg minerals district in Indonesia, one of the world’s largest copper and gold deposits; and significant operations in North America and South America, including the large-scale Morenci minerals district in Arizona and the Cerro Verde operation in Peru.

By supplying responsibly produced copper, FCX is proud to be a positive contributor to the world well beyond its operational boundaries. Additional information about FCX is available on FCX's website at fcx.com.

EN
23/07/2024

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Reports on Freeport-McMoRan Inc.

 PRESS RELEASE

Freeport Second-Quarter and Six-Month 2024 Financial and Operating Res...

PHOENIX--(BUSINESS WIRE)-- Freeport (NYSE: FCX) today announced that it has posted its second-quarter and six-month 2024 financial and operating results press release on the Investor Relations page of its website at . This press release features multimedia. View the full release here: As previously indicated on its website, FCX will host a conference call today with securities analysts at 10:00 a.m. Eastern Time to discuss quarterly and six-month results. The conference call will be webcast on the Internet along with slides. Interested parties may listen to the conference call live and view ...

 PRESS RELEASE

Freeport Commences Commissioning of New Indonesian Smelter and Provide...

PHOENIX--(BUSINESS WIRE)-- Freeport (NYSE: FCX) announced today that its Indonesian subsidiary, PT Freeport Indonesia (PT-FI), substantially completed construction of its new Manyar smelter in Gresik, Indonesia in June 2024 and has commenced commissioning operations. FCX expects the smelter will begin producing copper cathodes in the coming months and continues to target full ramp up by the end of 2024 in line with previous expectations. Richard C. Adkerson, Chairman of the Board, and Kathleen L. Quirk, President and Chief Executive Officer, said: “We are pleased to announce this important m...

 PRESS RELEASE

Freeport-McMoRan Declares Quarterly Cash Dividends on Common Stock

PHOENIX--(BUSINESS WIRE)-- Freeport-McMoRan Inc. (NYSE: FCX) announced today that its Board of Directors declared cash dividends of $0.15 per share on FCX’s common stock payable on August 1, 2024, to shareholders of record as of July 15, 2024. The declaration includes a base dividend of $0.075 per share and variable dividend of $0.075 per share in accordance with FCX's performance-based payout framework. The payment of dividends is at the discretion of the Board, which will consider FCX's financial results, cash requirements, global economic conditions and other factors it deems relevant. FR...

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FCX - Valens Credit Report - 2024 05 24

Credit markets are accurately stating credit risk with a YTW of 5.191% relative to an Intrinsic YTW of 4.911%, and a CDS of 81bps relative to an Intrinsic CDS of 44bps. Incentives Dictate Behavior™ analysis highlights positive signals for debt holders. FCX's compensation framework incentivizes management to improve all three value drivers: sales, margins, and asset utilization, which should drive Uniform ROA improvement and lead to improved cash flows available for servicing obligations going f...

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