Companies
Freeport-McMoRan
S&P 500Materials· USA

FCX

Dependent

Freeport-McMoRan

DEPUM

$68.03

+0.27%

Open $66.85·Prev $67.85

as of 13 Apr

DEPENDENT

Power Core

Power Core in one sentence: Freeport-McMoRan's moat is its control of geologically exceptional, permitted, large-scale copper deposits in a world where such assets are nearly impossible to replicate or permit de novo.

Published1 Apr 2026
UniverseS&P 500
SectorMaterials

Direction of Movement

Grasberg Maturity and Supply Deficits Drive Upward Trajectory

ROC 200

+46.5%

Referenced in 16 other analyses

Company Profile

Freeport-McMoRan Inc. is a leading global mining company engaged in the exploration, development, and production of mineral properties across North America, South America, and Indonesia. It primarily focuses on copper, with significant operations in gold, molybdenum, silver, and other metals, supporting critical industries such as electronics, renewable energy, construction, and manufacturing. Key assets include the world-class Grasberg minerals district in Indonesia, major copper mines like Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Chino and Tyrone in New Mexico; Henderson and Climax in Colorado; as well as Cerro Verde in Peru and El Abra in Chile. Formerly known as Freeport-McMoRan Copper & Gold Inc., the company generates substantial revenue from these operations, with trailing twelve-month figures around $25 billion and a market capitalization exceeding €55 billion. Freeport-McMoRan Inc. plays a pivotal role in the commodities market by supplying essential metals amid rising global demand driven by electrification and infrastructure growth, while maintaining a commitment to operational efficiency and resource stewardship.

Sector

Basic Materials

Industry

Copper

Employees

29,000

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