What does Freeport McMoRan sell?

What does Freeport McMoRan sell?

About Freeport-McMoRan Inc The Company’s segments include refined copper products, copper in concentrate, gold, molybdenum, oil and other. The Company’s segments include the Morenci, Cerro Verde, Grasberg copper mines, the Rod & Refining operations and the United States (U.S.) Oil and Gas Operations.

Where are Freeport McMoRan mines?

In North America, FCX operates seven open-pit copper mines — Morenci, Bagdad, Safford, Sierrita and Miami in Arizona, and Chino and Tyrone in New Mexico; and two molybdenum mines — Henderson and Climax in Colorado.

Is Freeport McMoRan a buy?

Freeport-McMoRan has received a consensus rating of Hold. The company’s average rating score is 2.33, and is based on 7 buy ratings, 6 hold ratings, and 2 sell ratings.

What is mined at Freeport Indonesia?

One of the world’s leading mining companies, PT Freeport Indonesia to exploration, mining and processing ore containing copper, gold and silver in the highland areas of Mimika District, Papua Province, Indonesia.

Who is the CEO of Freeport McMoRan?

Richard Adkerson (Dec 10, 2003–)Freeport-McMoRan / CEO

What is a freeport zone?

Free ports or zones are designated by the government as areas with little to no tax in order to encourage economic activity. While located geographically within a country, they essentially exist outside its borders for tax purposes.

Will FCX stock go up?

Stock Price Forecast The 20 analysts offering 12-month price forecasts for Freeport-McMoRan Inc have a median target of 50.50, with a high estimate of 65.00 and a low estimate of 28.00. The median estimate represents a +2.62% increase from the last price of 49.21.

Why did FCX change its name to Freeport-McMoRan Copper&Gold?

FCX changed name to Freeport-McMoRan Copper & Gold Inc. to reflect significant growth in gold reserves AMAX merged with Cyprus Minerals Company to form Cyprus Amax Minerals Company, which owned several copper mines FCX completed acquisition of Atlantic Copper, a downstream copper smelter and refinery located in Huelva, Spain

What is the history of Freeport-McMoRan?

OUR HISTORY. Freeport-McMoRan Inc. (“FCX”), formerly known as Freeport-McMoRan Copper & Gold Inc., was established in 1988 following the discovery of the Grasberg copper and gold deposit in Papua, Indonesia, when FCX’s former parent company, then known by the New York Stock Exchange trading symbol of “FTX”, sold 20 percent…

What is the history of Freeport Indonesia?

PT Freeport Indonesia (PT-FI) commenced mining operations in 1972 and in 1988 discovered the Grasberg mine. Today, after significant production, the Grasberg mining district contains one of the world’s largest recoverable copper reserve and the largest gold reserve.

What is Freeport-McMoRan (FTX)?

McMoRan Oil & Gas (formerly McMoRan Exploration) merged with Freeport Minerals (formerly Freeport Sulphur) to create Freeport-McMoRan Inc. (FTX); the combined company became a major independent oil and gas producer with interests in agricultural minerals— sulphur and phosphoric acid—and in gold, copper, silver and uranium