CtrlK
FCX
NYSE
Metals & Mining
$62.45
USD
-$0.35 (-0.56%)
Last close
Market Cap:
$90.35B
Volume:
22.1M
Previous Close
$62.80
Day Range
$61.63 - $63.00
52 Week Range
$35.15 - $72.28
Average Volume (10 Days)
15M
P/E Ratio
40.99
Dividend Yield
0.96%
Freeport-McMoRan, Inc. engages in the mining of copper, gold, and molybdenum. The company is headquartered in Phoenix, Arizona and currently employs 29,000 full-time employees. The firm operates assets with reserves of copper, gold and molybdenum. Its portfolio of assets includes the Grasberg minerals district in Indonesia, which is a copper and gold deposit; and operations in the United States, including the large-scale Morenci minerals district in North America and the Cerro Verde operation in South America. Its segments include Cerro Verde copper mine, Indonesia operations and United States Rod & Refining operations. The company produces copper concentrate, cathode and continuous cast copper rod. Its copper ore from mines is processed by smelting and refining or by solution extraction and electrowinning (SX/EW). The company produces copper cathodes at an electrolytic refinery located in El Paso, Texas. The SX/EW cathode is produced from the Morenci, Bagdad, Safford, Sierrita, Miami, Chino and Tyrone mines in the United States, and from the Cerro Verde and El Abra mines in South America.
CEO
Ms. Kathleen Quirk
Headquaters
Phoenix, ARIZONA, US
Founded
1988
Employees
29,000
Copper mining stocks surged 104% over the past year, vastly outpacing the metal itself, as operating leverage amplified gains from rising copper prices. Shrinking exchange inventories and looming US tariffs are tightening physical supply, supporting both metal prices and miner earnings.
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Copper prices jumped after reports suggested Indonesia's massive Grasberg mine might delay its full restart until 2028 instead of 2027. Though operator Freeport McMoRan disputed the timeline, the uncertainty has driven major mining stocks to record highs as buyers rush to secure supply amid broader concerns about production disruptions.
SCCO
Southern Copper Corp
$171.26
-2.0%
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0
Copper prices have declined amid escalating tensions in the Middle East, raising concerns about global economic growth and metal demand. The conflict adds to existing headwinds from China's slowing economy, which consumes about half of the world's copper supply.
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Copper prices dropped 9.4% since the Iran conflict began in late February, as soaring energy costs fueled recession fears and warehouse inventories climbed. While supply disruptions in sulfuric acid could tighten copper output, near-term demand worries are weighing more heavily on the market for now.
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Copper prices dropped sharply in March 2026 as the Iran war drove oil prices higher, raising fears of economic slowdown and weaker metal demand. Exchange-monitored copper stockpiles have climbed above 1 million metric tons for the first time in over two decades. The conflict creates dual risks: higher energy costs may dampen demand, while potential sulfuric acid supply disruptions in the Strait of Hormuz could squeeze copper production.
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