Freeport-McMoRan Inc.

About

Freeport-McMoRan (FCX) is a leading international metals company focused on copper, incorporated in Delaware in 1987 and headquartered in Phoenix, Arizona. The company operates large, diverse assets with significant reserves of copper, gold, and molybdenum, including the Grasberg minerals district in Indonesia and major operations in the Americas. FCX prioritizes employee safety and health, promotes an inclusive workplace, and is committed to sustainability through its membership in the International Council on Mining and Metals (ICMM). The company's stock trades on the New York Stock Exchange under the ticker symbol 'FCX.'

Verified company data

Mineral resource

FCX has significant undeveloped reserves and resources in the U.S. and a portfolio of potential long-term development projects. Future investments are dependent on market conditions and will be undertaken based on the results of economic and technical feasibility studies, including the incorporation of innovation initiatives to reduce capital intensity.

Projects

["In the U.S. FCX operates seven open-pit copper mines — Morenci, Bagdad, Safford (including Lone Star), Sierrita and Miami in Arizona, and Chino and Tyrone in New Mexico; and two molybdenum mines — Henderson and Climax in Colorado. Molybdenum concentrate, gold and silver are also produced by certain of FCX’s U.S. copper mines.","FCX operates two copper mines in South America — Cerro Verde in Peru and El Abra in Chile. In addition to copper, the Cerro Verde mine also produces molybdenum concentrate and silver.","Through its subsidiary, PTFI, FCX mines one of the world’s largest copper and gold deposits in the Grasberg minerals district in Papua, Indonesia. In addition to copper and gold, PTFI produces silver. FCX has a 48.76 percent interest in PTFI and manages its mining operations."]

Leadership

Richard C. Adkerson (Chairman of the Board, Chairman of the Board of Freeport-McMoRan Inc. since February 2021, with extensive experience in accounting and management.), Dustan E. McCoy (Lead Independent Director, Retired Chairman and CEO of Brunswick Corporation, with over 20 years in the natural resources industry.), Kathleen L. Quirk (President and Chief Executive Officer, joined Freeport in 1989 and became CEO in 2024.), David P. Abney (Director, Retired Chairman and CEO of UPS, with a 46-year career in logistics and supply chain management.), Marcela E. Donadio (Director, Retired Partner of Ernst & Young LLP, with expertise in the oil and gas sector.), Hugh Grant (Director, Retired Chairman and CEO of Monsanto Company, with a distinguished career in agriculture.), Lydia H. Kennard (Director, President and CEO of KDG Construction Consulting, with over 40 years in aviation and construction management.), Ryan M. Lance (Director, Chairman and CEO of ConocoPhillips, with extensive experience in the oil and gas industry.), Sara Grootwassink Lewis (Director, Founder of Lewis Corporate Advisors, with significant experience in corporate finance and capital markets.), John J. Stephens (Director, Retired Senior Executive Vice President and CFO of AT&T Inc., with a strong background in telecommunications.), Frances Fragos Townsend (Director, Independent consultant with a background in corporate affairs and national security.)

Verified data last updated: 2026-08-07