Says ‘well-positioned for the future as leader in the global copper industry’. Says particularly focused on ‘effective cost management.’ Says continuing to build optionality in growth portfolio. Says copper demand ‘remains strong globally’. Says Section 232 investigation on copper may lead to tariffs on imported copper. Says employs over 39,000 workers in the U.S. Says operations in the U.S. are fully integrated and company is ‘well-positioned’ to grow in the U.S.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FCX:
- Freeport-McMoRan says ‘executing well in a complex environment’
- Freeport-McMoRan affirms $3.5B incremental investment view for Bagdad expansion
- Freeport-McMoRan sees FY25 unit net cash cost $1.50 vs. $1.56 in FY24
- Freeport-McMoRan says trade uncertainty affecting near-term macro sentiment
- Freeport-McMoRan sees Q2 copper sales 1.005B lbs.