Freeport-McMoRan Inc.

NetworkNewsWire Editorial Coverage   With global electric vehicle demand growth creating the potential for tight supplies in battery metals such as cobalt, multinational companies and industrialized nations are working to secure these critical metals as prices are projected to rise. The growing market for electric vehicles has led to much higher demand for battery metals such as cobalt, lithium and nickel. As the largest [...]

Freeport-McMoRan Inc. announced today the completion of its transaction with the Indonesian government regarding PT Freeport Indonesia’s long-term mining rights and share ownership. FCX expects its share of future cash flows of the expanded PT-FI asset base, combined with the cash proceeds received in the transaction, to be comparable to its share of anticipated future cash flows under PT-FI’s previous [...]

Freeport-McMoRan Inc. today declared a cash dividend of $0.05 per share payable on February 1, 2019 to holders of record as of January 15, 2019 for its common stock. FCX is a leading international mining company with headquarters in Phoenix, Arizona. FCX operates large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold and molybdenum. FCX is the world’s largest [...]

Freeport-McMoRan Inc. : Net income attributable to common stock totaled $556 million, $0.38 per share, in third-quarter 2018. After adjusting for net gains of $42 million, $0.03 per share, third-quarter 2018 adjusted net income attributable to common stock totaled $514 million, $0.35 per share. Consolidated sales totaled 1.04 billion pounds of copper, 837 thousand ounces of gold and 22 million pounds of molybdenum in [...]

Freeport-McMoRan Inc. announced today that it has entered into a Divestment Agreement on previously agreed economic terms with the Indonesian state-owned enterprise PT Indonesia Asahan Aluminium in connection with Inalum’s acquisition of shares of PT Freeport Indonesia . As previously reported, Inalum will acquire for cash consideration of $3.85 billion all of Rio Tinto's interests associated with its Joint Venture [...]

Freeport-McMoRan Inc. today declared a cash dividend of $0.05 per share payable on November 1, 2018 to holders of record as of October 15, 2018 for its common stock. FCX is a leading international mining company with headquarters in Phoenix, Arizona. FCX operates large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold and molybdenum. FCX is the world’s largest [...]

Freeport-McMoRan Inc. : Net income attributable to common stock totaled $869 million, $0.59 per share, in second-quarter 2018. After adjusting for net gains of $16 million, $0.01 per share, second-quarter 2018 adjusted net income attributable to common stock totaled $853 million, $0.58 per share. Consolidated sales totaled 989 million pounds of copper, 676 thousand ounces of gold and 24 million pounds of molybdenum in [...]

Freeport-McMoRan Inc. today declared a cash dividend of $0.05 per share payable on August 1, 2018 to holders of record as of July 13, 2018 for its common stock. FCX is a leading international mining company with headquarters in Phoenix, Arizona. FCX operates large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold and molybdenum. FCX is the world’s largest [...]

Swank Capital, LLC, and Cushing® Asset Management, LP, announce today an upcoming interim rebalancing of The Cushing® Energy Supply Chain Index . Per the Index's methodology guide, the removal of an Index constituent from a Sub-Index without a named direct replacement necessitates the rebalancing of the Index. On June 4, 2018, S&P Dow Jones Indices announced that Index constituent Monsanto Company will be removed [...]

Freeport-McMoRan Inc. : Net income attributable to common stock totaled $692 million, $0.47 per share, for first-quarter 2018. After adjusting for net gains of $13 million, $0.01 per share, first-quarter 2018 adjusted net income attributable to common stock totaled $679 million, $0.46 per share. Consolidated sales totaled 993 million pounds of copper, 610 thousand ounces of gold and 24 million pounds of molybdenum for [...]