Freeport-McMoRan says continuing focus on productivity in U.S.

Says world is going to need more copper in the future. Says world’s largest molybdenum producer. Says molybdenum demand drivers continue to be supported. Says continuing focus on productivity in the U.S., says planning next phase of growth. Says prioritizing safety and security of team in Peru. Says situation is dynamic day by day. Says experienced significant inflation pressures in 2022. Says still dealing with costs in excess of historical levels.