Risks Dividend history is unstable Stock underperformed vs. industry and market in the past year Highly cyclical business – earnings depend heavily on commodity prices Catalysts Global demand for copper , especially from EVs, AI, and green infrastructure Grasberg mine in Indonesia and large-scale U.S. operations (e.g., Morenci, Bagdad) U.S. legislation may classify copper as a "critical mineral" , possibly introducing 10% tax credit Assumptions Where do you think revenue will be in 5 years time?
Key Takeaways The new Indonesian smelter and U.S. innovation initiatives bolster integration, lower costs, increase margins, and position for growth as demand for copper accelerates. Strong U.S. policy support, brownfield expansions, and disciplined capital allocation enhance financial flexibility, shareholder returns, and future revenue growth potential.
Key Takeaways Strong U.S. supply position and government support drive premium pricing and multi-year growth opportunities amid energy transition and infrastructure demand. Operational innovations and integrated global assets enable industry-low costs, flexible market targeting, and substantial upside potential from ongoing copper supply constraints.
Key Takeaways Advances in alternative materials, tighter environmental rules, and labor shortages threaten to reduce demand, increase costs, and pressure margins for Freeport-McMoRan. Resource nationalism and regulatory risks in key countries could disrupt operations, increase volatility, and constrain access to critical mineral reserves.
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. It primarily explores for copper, gold, molybdenum, silver, and other metals. The company’s assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Chino and Tyrone in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014. The company was incorporated in 1987 and is headquartered in Phoenix, Arizona.
