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Freeport-McMoRan says Indonesia smelter start-up activities expected mid-year
The Fly

Freeport-McMoRan says Indonesia smelter start-up activities expected mid-year

Says team executed plans ‘in solid fashion’ in FY24. Says team focused on ‘opportunities to continuously improve’. Says committed to ‘strong execution of plans’. Says innovation is a ‘major priority’ as company moves forward. Says copper demand continues to grow on a micro level. Says demand from China continues to be supported from investments in the electrical grid. Says copper is ‘the metal’ when it comes to electrification. Says continues to see balanced market near-term and significant deficits long-term for copper supply and demand. Comments taken from Q4 earnings conference call.

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