Financials

  • Market Capitalization 97.74 B
  • Employee 29 K
  • Founded 1987
  • CEO Richard Adkerson
  • Website www.fcx.com
  • Headquarter Delaware, United States
  • FIGI BBG000BJDB15
  • Industry Technology
Total revenue
Net income
Basic earnings per share (Basic EPS)
Total debt
Free cash flow
Cash & equivalents
Price to earnings ratio
33.41
Price to sales ratio
2.83
Dividends per share
0.6
Dividend yield %
1.18

Freeport-McMoRan Inc

Freeport-McMoRan Inc., often called Freeport, is an American mining company based in the Freeport-McMoRan Center, in Phoenix, Arizona. The company is the world's largest producer of molybdenum, a major copper producer and operates the world's largest gold mine, the Grasberg mine in Papua, Indonesia. It was founded 1912 by the son of a Swedish banker to develop sulfur mining along the US Gulf Coast concurrently with Freeport, Texas. In 1913, it incorporated as a vertically integrated holding company including numerous subsidiaries like gas and light, railroad, oil from Tampico, Mexico, and a refinery. After 1930, the company diversified by buying into manganese mines, nickel during World War II, potash and the Cuban American Manganese Corporationin the 1950s. Since 1967, the company has mined the Ertsberg deposit of gold and copper in the Grasberg mine, where since 2017 it has been holding a 49% interest. In the 1990s the Rio Tinto Group invested in Freeport and IMC Group acquired its fertilizer business.

Notizie