Besides Favourable Copper Price, Is Freeport’s Financial Success Propelled By ESG Excellence?

Hong Kong, Aug 2, 2024
By Gaia Research Team.
Bio: 

The Gaia Research Team specializes in sustainable mining investments, focusing on responsible resource extraction. Committed to transparency and innovation, the Team aims to transform the mining sector into a more sustainable industry that benefits both the economy and the planet while addressing the huge supply and demand gap for critical minerals.

Freeport-McMoRan Inc. (NYSE: FCX, US$60bn market cap) is a leading international mining company headquartered in Phoenix, Arizona, and the company is one of the world’s largest producers of copper, gold, and molybdenum, with significant assets in the Grasberg minerals district in Indonesia, home to one of the world’s largest copper and gold deposits. Additionally, the company maintains substantial mining operations across North and South America. Below is a  snapshot of its latest financial performance.

Financial highlights

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