Articles from Freeport-McMoRan Inc.

Freeport (NYSEFCX) today announced that it has posted its fourth-quarter and year ended 2024 financial and operating results press release on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases.

Freeport (NYSEFCX) announced today that its Board of Directors declared cash dividends of $0.15 per share on FCX’s common stock payable on February 3, 2025, to shareholders of record as of January 15, 2025. The declaration includes a base dividend of $0.075 per share and variable dividend of $0.075 per share in accordance with FCX's performance-based payout framework. The payment of dividends is at the discretion of the Board, which will consider FCX's financial results, cash requirements, global economic conditions and other factors it deems relevant.

Freeport (NYSEFCX) today announced that it has posted its third-quarter and nine-month 2024 financial and operating results press release on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases.

Freeport (NYSEFCX) announced today that its Board of Directors declared cash dividends of $0.15 per share on FCX’s common stock payable on November 1, 2024, to shareholders of record as of October 15, 2024. The declaration includes a base dividend of $0.075 per share and variable dividend of $0.075 per share in accordance with FCX's performance-based payout framework. The payment of dividends is at the discretion of the Board, which will consider FCX's financial results, cash requirements, global economic conditions and other factors it deems relevant.

Freeport (NYSEFCX) today announced that it has posted its second-quarter and six-month 2024 financial and operating results press release on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases.

Freeport (NYSEFCX) announced today that its Indonesian subsidiary, PT Freeport Indonesia (PT-FI), substantially completed construction of its new Manyar smelter in Gresik, Indonesia in June 2024 and has commenced commissioning operations. FCX expects the smelter will begin producing copper cathodes in the coming months and continues to target full ramp up by the end of 2024 in line with previous expectations.

Freeport-McMoRan Inc. (NYSEFCX) announced today that its Board of Directors declared cash dividends of $0.15 per share on FCX’s common stock payable on August 1, 2024, to shareholders of record as of July 15, 2024. The declaration includes a base dividend of $0.075 per share and variable dividend of $0.075 per share in accordance with FCX's performance-based payout framework. The payment of dividends is at the discretion of the Board, which will consider FCX's financial results, cash requirements, global economic conditions and other factors it deems relevant.

Freeport-McMoRan Inc. (NYSEFCX) today announced Kathleen L. Quirk will receive the Ankh Award at The Copper Club’s annual dinner on June 12, 2024, in recognition of her exceptional leadership and commitment to the copper industry. The Ankh Award has been bestowed annually since 1962 to professionals who have made extraordinary contributions to the copper industry.

Freeport-McMoRan Inc. (NYSEFCX) today announced the publication of its 2023 Annual Report on Sustainability detailing its environmental, social and governance performance during the year. This report marks FCX’s 23rd year of reporting on its sustainability progress. FCX has a long history of responsible production practices and strives to embrace evolving stakeholder expectations.

Freeport-McMoRan Inc. (NYSEFCX) today announced that it has posted its first-quarter 2024 financial and operating results press release on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases.

Freeport-McMoRan Inc. (NYSEFCX) announced today that its Board of Directors declared cash dividends of $0.15 per share on FCX’s common stock payable on May 1, 2024, to shareholders of record as of April 15, 2024. The declaration includes a base dividend of $0.075 per share and variable dividend of $0.075 per share in accordance with FCX's performance-based payout framework. The payment of dividends is at the discretion of the Board, which will consider FCX's financial results, cash requirements, global economic conditions and other factors it deems relevant.

Freeport-McMoRan Inc. (NYSEFCX) announced today the appointment of Kathleen L. Quirk as President and Chief Executive Officer to be effective at the annual meeting of shareholders on June 11, 2024. Ms. Quirk will assume full responsibility for executive management of the business reporting to the FCX Board of Directors.

Freeport-McMoRan Inc. (NYSEFCX) today announced that it has posted its fourth-quarter and year ended 2023 financial and operating results press release on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases.

Freeport-McMoRan Inc. (NYSEFCX) announced today that its Board of Directors declared cash dividends of $0.15 per share on FCX’s common stock payable on February 1, 2024, to shareholders of record as of January 12, 2024. The declaration includes a base dividend of $0.075 per share and variable dividend of $0.075 per share in accordance with FCX's performance-based payout framework. The payment of dividends is at the discretion of the Board, which will consider FCX's financial results, cash requirements, global economic conditions and other factors it deems relevant.

Freeport-McMoRan Inc. (NYSEFCX) has been notified by TRC Capital Investment Corporation (TRC) that it is making an unsolicited “mini-tender” offer to FCX shareholders to purchase up to 3,000,000 shares of FCX’s common stock at a current below-market price of $32.20 per share. TRC’s offer price is approximately 4.4% below the $33.69 per share closing price of FCX’s common stock on November 10, 2023, the last trading day prior to the date of the offer, and approximately 10% below the $35.54 per share closing price of FCX’s common stock on November 16, 2023.

Freeport-McMoRan Inc. (NYSEFCX) today announced Richard C. Adkerson, Chairman and Chief Executive Officer, has been inducted into the National Mining Hall of Fame in recognition of his contributions to the global mining industry.

Freeport-McMoRan Inc. (NYSEFCX) today announced that it has posted its third-quarter 2023 financial and operating results press release on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases.

Freeport-McMoRan Inc. (NYSEFCX) announced today that its Board of Directors declared cash dividends of $0.15 per share on FCX’s common stock payable on November 1, 2023, to shareholders of record as of October 13, 2023. The declaration includes a base dividend of $0.075 per share and variable dividend of $0.075 per share in accordance with FCX's performance-based payout framework. The payment of dividends is at the discretion of the Board, which will consider FCX's financial results, cash requirements, global economic conditions and other factors it deems relevant.

Freeport-McMoRan Inc. (NYSEFCX) today announced the publication of its annual Climate Report outlining FCX’s ongoing progress to advance its climate strategy focused on reducing its greenhouse gas (GHG) emissions, enhancing its resilience to climate risks and contributing responsibly produced copper to the global economy.

Freeport-McMoRan Inc. (the “Company”) (NYSEFCX) is investigating a cybersecurity incident affecting its information systems. The Company is assessing the impact and proactive measures are being taken to address the situation. The Company is working closely with third-party experts and law enforcement.

Freeport-McMoRan Inc. (NYSEFCX) today announced that it has posted its second-quarter 2023 financial and operating results press release on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases.

Freeport-McMoRan Inc. (NYSEFCX) announced today that its Board of Directors declared cash dividends of $0.15 per share on FCX’s common stock payable on August 1, 2023, to shareholders of record as of July 14, 2023. The declaration includes a base dividend of $0.075 per share and variable dividend of $0.075 per share in accordance with FCX's performance-based payout framework. The payment of dividends is at the discretion of the Board, which will consider FCX's financial results, cash requirements, global economic conditions and other factors it deems relevant.

Freeport-McMoRan Inc. (NYSEFCX) today announced that it has posted its first-quarter 2023 financial and operating results press release on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases.

Freeport-McMoRan Inc. (NYSEFCX) today announced the publication of its 2022 Annual Report on Sustainability detailing its environmental, social and governance (ESG) performance during the year. This report marks FCX’s 22nd year of reporting on its sustainability progress. FCX has a long history of robust ESG programs and strives to embrace evolving stakeholder expectations and best practices.

Freeport-McMoRan Inc. (NYSEFCX) announced today that its Board of Directors declared cash dividends of $0.15 per share on FCX’s common stock payable on May 1, 2023, to shareholders of record as of April 14, 2023. The declaration includes a base dividend of $0.075 per share and variable dividend of $0.075 per share in accordance with FCX's performance-based payout framework. The payment of dividends is at the discretion of the Board, which will consider FCX's financial results, cash requirements, global economic conditions and other factors it deems relevant.

Freeport-McMoRan Inc. (NYSEFCX) is pleased to announce the Copper Mark has been awarded to PT Freeport Indonesia (PT-FI). With this award, FCX has achieved the Copper Mark at all 12 of its eligible copper producing sites globally. FCX also is pleased to announce that its primary molybdenum mines, Climax and Henderson, have been awarded the Molybdenum Mark, making FCX the first primary molybdenum miner to achieve this distinction.

Freeport-McMoRan Inc. (NYSEFCX) announced today that PT Freeport Indonesia's (PT-FI) Grasberg operations have been temporarily disrupted because of significant rainfall and landslides in the area of its milling operations in Papua, Indonesia. Intense rains on Saturday February 11, 2023, resulted in flooding and a flow of debris, causing damage to infrastructure near its milling complex. Personnel were safely evacuated from the localized area.

Freeport-McMoRan Inc. (NYSEFCX) announced today the appointment of Kathleen L. Quirk, FCX’s President, to its Board of Directors, effective immediately. Following this appointment, FCX’s Board of Directors is now comprised of twelve members, including ten independent directors, who possess a diverse range of experiences and strong corporate governance credentials.

Freeport-McMoRan Inc. (NYSEFCX) today announced that it has posted its fourth-quarter and year ended 2022 financial and operating results press release on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases.

Freeport-McMoRan Inc. (NYSEFCX) announced today that its Board of Directors declared cash dividends of $0.15 per share on FCX’s common stock payable on February 1, 2023, to shareholders of record as of January 13, 2023. The declaration includes a base dividend of $0.075 per share and variable dividend of $0.075 per share in accordance with FCX's performance-based payout framework. The payment of dividends is at the discretion of the Board, which will consider FCX's financial results, cash requirements, global economic conditions and other factors it deems relevant.

Freeport-McMoRan Inc. (NYSEFCX) today announced that it has posted its third-quarter 2022 financial and operating results press release on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases.

Freeport-McMoRan Inc. (NYSEFCX) today announced the publication of its updated Climate Report, which outlines FCX’s ongoing initiatives to reduce its greenhouse gas (GHG) emissions, improve energy efficiency, evaluate and integrate the use of lower carbon and renewable energy sources and enhance its resilience to future climate-related risks.

Freeport-McMoRan Inc. (NYSEFCX) announced today that its Board of Directors declared cash dividends of $0.15 per share on FCX’s common stock payable on November 1, 2022, to shareholders of record as of October 14, 2022. These dividends are being paid consistent with FCX’s performance-based payout framework, which includes a base dividend of $0.075 per share and variable dividend of $0.075 per share, announced in November 2021.

Freeport-McMoRan Inc. (NYSEFCX) today announced that it has posted its second-quarter 2022 financial and operating results press release on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases.

Freeport-McMoRan Inc. (NYSEFCX) announced today that its Board of Directors declared cash dividends of $0.15 per share on FCX’s common stock payable on August 1, 2022, to shareholders of record as of July 15, 2022. These dividends are being paid consistent with FCX’s performance-based payout framework, which includes a base and variable dividend, announced in November 2021.

Freeport-McMoRan Inc. (NYSEFCX) today announced that it has posted its first-quarter 2022 financial and operating results press release on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases.

Freeport-McMoRan Inc. (NYSEFCX) today announced the publication of its 2021 Annual Report on Sustainability detailing its environmental, social and governance (ESG) performance during the year. FCX has a long history of robust ESG programs and is continuously striving to embrace evolving stakeholder expectations and best practices. This report marks FCX’s 21st year of reporting on its sustainability progress.

PT Freeport Indonesia (“PT-FI” or the “Company”) announced today that it has completed the sale of $3.0 billion aggregate principal amount of senior notes (collectively, the “Notes”). Following is a summary of the three tranches of debt:

PT Freeport Indonesia (“PT-FI” or the “Company”) announced today that it has priced an offering (the “Notes Offering”) of $3.0 billion of senior notes (collectively, the “Notes”). Following is a summary of the three tranches of debt:

PT Freeport Indonesia (“PT-FI” or the “Company”) announced today that it intends to offer one or more series of U.S. Dollar denominated senior notes (the “Notes”), subject to market and other conditions (the “Notes Offering”). PT-FI intends to use the net proceeds from the Notes Offering to finance its smelter projects, refinancing and for general corporate purposes. The Notes are expected to be rated “Baa3” by Moody’s and “BBB-” by Fitch.

Freeport-McMoRan Inc. (NYSEFCX) announced today that its Board of Directors declared cash dividends of $0.15 per share on FCX’s common stock payable on May 2, 2022, to shareholders of record as of April 14, 2022. These dividends are being paid consistent with FCX’s performance-based payout framework, which includes a base and variable dividend, announced in November 2021.

Freeport-McMoRan Inc. (NYSEFCX) today announced that it has posted its fourth-quarter and year ended 2021 financial and operating results press release on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases.

Freeport-McMoRan Inc. (NYSEFCX) announced today that its Board of Directors (“Board”) declared cash dividends of $0.15 per share on FCX’s common stock payable on February 1, 2022, to shareholders of record as of January 14, 2022. This payment includes a $0.075 per share quarterly base cash dividend and a $0.075 per share variable cash dividend.

Freeport-McMoRan Inc. (NYSEFCX) announced today the appointment of Hugh Grant to its Board of Directors.

Freeport-McMoRan Inc. (NYSEFCX) announced today the appointment of Maree E. Robertson as Senior Vice President and Chief Financial Officer effective March 1, 2022.

Freeport-McMoRan Inc. (NYSEFCX) announced today that its Board of Directors (“Board”) has approved a new share repurchase program authorizing repurchases of up to $3.0 billion of FCX common stock.

Freeport-McMoRan Inc. (NYSEFCX) announced today the appointment of Ryan M. Lance to its Board of Directors and as a member of the Corporate Responsibility Committee of the Board of Directors.

Freeport-McMoRan Inc. (NYSEFCX) today announced that it has posted its third-quarter 2021 financial and operating results press release on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases.

Freeport-McMoRan Inc. (NYSEFCX) announced today that a notice has been issued to redeem on December 1, 2021, all of its outstanding $524.0 million aggregate principal amount of 3.55% Senior Notes due 2022 (3.55% Notes), at a redemption price equal to 100% of the principal amount of the 3.55% Notes outstanding, plus accrued and unpaid interest to, but not including, the redemption date. On October 21, 2021, U.S. Bank National Association, as trustee for the 3.55% Notes, distributed to the registered note holders written notice of the terms of this redemption.

Freeport-McMoRan Inc. (NYSEFCX) today announced the publication of its updated Climate Report which details the work underway across its global business to reduce greenhouse gas (GHG) emissions, improve energy efficiency, advance the use of renewable energy and understand and enhance the company’s resilience to future climate-related risks. The Climate Report reflects the company’s continued progress towards alignment with the current recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).

Freeport-McMoRan Inc. (NYSEFCX) announced today that its Board of Directors (“Board”) declared a cash dividend of $0.075 per share on FCX’s common stock payable on November 1, 2021, to stockholders of record as of October 15, 2021.

Freeport-McMoRan Inc. (NYSEFCX) announced today the appointment of Marcela E. Donadio and Sara Grootwassink Lewis to its Board of Directors.

Freeport-McMoRan Inc. (NYSEFCX) today announced that it has posted its second-quarter 2021 financial and operating results press release on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases.

Freeport-McMoRan Inc. (NYSEFCX) announced today that its Board of Directors (“Board”) declared a cash dividend of $0.075 per share on FCX’s common stock payable on August 2, 2021, to stockholders of record as of July 15, 2021.

Freeport-McMoRan Inc. (NYSEFCX) today announced that it has posted its first-quarter 2021 financial and operating results press release on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases.

Freeport-McMoRan Inc. (NYSEFCX) today announced the publication of its 2020 Annual Report on Sustainability detailing its environmental, social and governance (ESG) performance during the year. FCX has a long history of robust ESG programs and is continuously striving to embrace evolving stakeholder expectations and best practices. This report marks FCX’s 20th year of reporting on its sustainability progress and FCX’s first year reporting in alignment with the Sustainability Accounting Standards Board (SASB) Metals & Mining framework.