Says targeting investment decision on Bagdad by year-end. Says commenced PFS study at Lone Star with expected completion by mid-2026. Says preparing EIS for El Abra, targeting submission by year-end. Says continuing to develop Kucing Liar, targets commencement of production by 2030. Says expects U.S unit net cash cost to be lower in 2025 vs. 2024. Says ‘well-postioned’ to generate ‘substantial’ cash flow. Says balance sheet is ‘strong’.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FCX:
- Freeport-McMoRan says copper has ‘highly-attractive’ fundamental outlook
- Freeport-McMoRan says Indonesia smelter start-up activities expected mid-year
- Freeport-McMoRan sees $3.5B incremental investment in Bagdad expansion
- Freeport-McMoRan announces 2025 focus areas
- Freeport-McMoRan sees Q1 copper sales 850M lbs.