Freeport-McMoRan announces 2025 focus areas

The company said it will, “Execute our operating plans: Improve efficiencies, reduce costs and deliver on our projects; Add scale in Leach Initiative: Target run rate of 300 mm lbs per annum by year-end 2025 and build on and further define the path to 800 mm lbs per annum; Deliver on PT-FI Smelter: Achieve objective of being a fully integrated producer in Indonesia; Capture value through innovation: Technology initiatives have potential to reduce costs and capital intensity to create meaningful long-term value; Enhance optionality for future growth: Bagdad, El Abra and Safford are established long- lived copper districts with opportunities to expand capacity.”