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Freeport-McMoRan is a copper miner, putting it in a position to benefit from the ongoing shift toward electrification.
If the price of copper doesn't rise or stays within the current range, it won't make sense to buy copper miner Freeport-McMoRan (NYSE: FCX). The Motley Fool Stock Advisor analyst team just ...
Freeport-McMoRan (FCX) closed the most recent trading day at $40.14, moving -1.38% from the previous trading session. Freeport-McMoRan (FCX) Stock Sinks As Market Gains: What You Should Know Skip ...
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 .
The 2003–2006 boom in copper prices increased the profitability of the mine. The extra consumption of copper for Asian electrical infrastructure overwhelmed copper supply and caused prices to increase from around $1500/ton to $8100/ton ($0.70/lb to $4.00/lb).
Freeport-McMoRan (NYSE: FCX) Q4 2024 Earnings Call ... Before you buy stock in Freeport-McMoRan, consider this: ... and you can see where copper prices have been, they traded in a broad range ...
FCX may refer to: FCX file compression, an older file compression utility and format used on VAX and personal computers. Honda FCX, a family of hydrogen fuel cell automobiles from Honda; Honda FCX Clarity, a new-generation hydrogen fuel cell car from Honda; Freeport-McMoRan, a mining company whose NYSE ticker symbol is FCX
The copper miner's stock is rising due to a favorable end-market environment.