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ROSEN, A LONGSTANDING LAW FIRM, Encourages Freeport-McMoRan Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - FCX
Newsfile· 2025-12-01 02:29
Core Points - Rosen Law Firm is reminding investors of Freeport-McMoRan Inc. (NYSE: FCX) about the January 12, 2026 deadline to join a securities class action lawsuit related to purchases made between February 15, 2022, and September 24, 2025 [2][3][6] Group 1: Class Action Details - Investors who purchased Freeport-McMoRan securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [3][4] - The lawsuit alleges that Freeport-McMoRan made false and misleading statements regarding safety at the Grasberg Block Cave mine in Indonesia, which led to increased risks for workers and potential regulatory and reputational issues [6] Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may not have the necessary experience or resources [5] - The Rosen Law Firm has a history of successful settlements, including the largest securities class action settlement against a Chinese company, and has recovered hundreds of millions for investors [5]
铜市场:尽管供应中断,全球库存仍持续上升-Copper Dashboard_ Global inventories continue to rise despite supply disruptions
2025-12-01 01:29
J P M O R G A N Asia Pacific Equity Research 26 November 2025 Copper Dashboard Global inventories continue to rise despite supply disruptions Key takeaways: (1) Global copper production was up 4% YTD through August, but growth is decelerating with supply disruptions now reflected in the last few months of data (output is down YoY in Jul/Aug); (2) global demand is up 7% YTD Aug, with China growth continuing to be offset by RoW consumption decline; and (3) global visible inventories have climbed higher to ~73 ...
FCX DEADLINE: Faruqi & Faruqi Reminds Freeport Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 12, 2026 - FCX
Prnewswire· 2025-11-30 14:17
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Freeport-McMoRan Inc. due to allegations of violations of federal securities laws related to safety issues at the Grasberg Block Cave mine in Indonesia, which resulted in significant investor losses [2][4]. Group 1: Allegations and Legal Actions - The complaint alleges that Freeport and its executives made false and misleading statements regarding safety at the Grasberg Block Cave mine, failing to disclose risks that could foreseeably lead to worker fatalities [4]. - Investors who purchased Freeport securities between February 15, 2022, and September 24, 2025, are reminded of the January 12, 2026 deadline to seek the role of lead plaintiff in the federal securities class action [2][9]. - The investigation is focused on the company's failure to ensure adequate safety measures, which constituted undisclosed risks of regulatory, litigation, and reputational damage [4]. Group 2: Incident and Stock Price Impact - On September 9, 2025, Freeport suspended mining activities at the Grasberg Block Cave after a significant incident trapped seven workers, leading to a stock price drop of $2.77, or 5.9%, closing at $43.89 per share [5]. - Following the tragic update on September 24, 2025, where two workers were confirmed dead, Freeport's stock fell by $7.69, or 17%, closing at $37.67 per share [6]. - An article published on September 25, 2025, highlighted the potential strain on Freeport's relationship with the Indonesian government due to the halt in production, resulting in a further stock decline of $2.33, or 6.2%, to close at $35.34 [7]. Group 3: Expert Opinions and Future Actions - An expert stated that the landslide incident at Freeport was preventable and should have been anticipated, indicating a lack of proper safety measures [8]. - Faruqi & Faruqi encourages anyone with information regarding Freeport's conduct, including whistleblowers and former employees, to come forward [9].
FCX LAWSUIT: BFA Law Reminds Freeport-McMoRan Inc. Investors the Company has been Sued for Securities Fraud and to Contact BFA Law by January 12 Deadline
Newsfile· 2025-11-30 12:47
Core Viewpoint - A class action lawsuit has been filed against Freeport-McMoRan Inc. for securities fraud, following significant stock drops attributed to alleged violations of federal securities laws [1][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the District of Arizona, titled Reed v. Freeport-McMoRan Inc., et al., No. 2:25-cv-04243 [3]. - Investors have until January 12, 2026, to request to lead the case, with claims made under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [3]. Group 2: Company Operations and Safety Claims - Freeport operates the Grasberg Copper and Gold Mine in Indonesia, where it has been accused of overstating its commitment to safety while conducting unsafe mining practices [4][5]. - The company had previously promoted its safety procedures, including the use of data and technology to prevent incidents [4]. Group 3: Stock Price Impact - On September 9, 2025, Freeport's stock dropped by $2.77 per share (over 5.9%) following a press release about suspended mining operations due to a landslide [6]. - Following updates on September 24, 2025, regarding fatalities and operational suspensions, the stock fell by $7.69 per share (almost 17%) [7]. - Additional reports on September 25, 2025, regarding strained relations with the Indonesian government led to a further decline of $2.33 per share (over 6%) [9]. - A report on September 28, 2025, indicated that the landslide was preventable, further impacting investor confidence [10].
SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Freeport-McMoran
Globenewswire· 2025-11-29 13:18
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Freeport-McMoran To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Freeport between February 15, 2022 and September 24, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Nov. 29, 2025 (GLOBE NEWSW ...
FCX STOCK: Lose Money on Your Freeport-McMoRan Inc. Investment? Contact BFA Law about the Pending Securities Class Action before January 12 Deadline
Globenewswire· 2025-11-29 11:10
NEW YORK, Nov. 29, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Freeport-McMoRan Inc. (NYSE: FCX) and certain of the Company’s senior executives for securities fraud after significant stock drops resulting from the potential violations of the federal securities laws. If you invested in Freeport, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/freeport-mcmoran-inc-clas ...
FCX CLASS REMINDER: Freeport-McMoRan Inc. Investors with Losses are Reminded to Contact BFA Law before the Imminent January 12 Securities Class Action Deadline
Newsfile· 2025-11-28 13:18
FCX CLASS REMINDER: Freeport-McMoRan Inc. Investors with Losses are Reminded to Contact BFA Law before the Imminent January 12 Securities Class Action DeadlineNovember 28, 2025 8:18 AM EST | Source: Bleichmar Fonti & AuldNew York, New York--(Newsfile Corp. - November 28, 2025) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Freeport-McMoRan Inc. (NYSE: FCX) and certain of the Company's senior executives for securities fraud ...
FCX INVESTMENT: Freeport-McMoRan Inc. Investors with Losses may have Rights in Securities Class Action – Contact BFA Law by January 12 Deadline
Globenewswire· 2025-11-27 12:19
Core Viewpoint - A class action lawsuit has been filed against Freeport-McMoRan Inc. and certain senior executives for securities fraud, following significant stock drops attributed to potential violations of federal securities laws [1][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the District of Arizona, captioned Reed v. Freeport-McMoRan Inc., et al., No. 2:25-cv-04243 [3]. - Investors have until January 12, 2026, to request to be appointed to lead the case [3]. - The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Freeport securities [3]. Group 2: Company Operations and Safety Claims - Freeport-McMoRan operates the Grasberg Copper and Gold Mine in Indonesia through its affiliate PT Freeport Indonesia [4]. - The company previously emphasized its commitment to safety, claiming to utilize data, technology, and behavioral science to prevent fatal incidents [4]. - Allegations suggest that Freeport overstated its safety commitment, as unsafe mining practices were conducted at the Grasberg mine, likely leading to worker fatalities [5]. Group 3: Stock Price Impact - On September 9, 2025, Freeport's stock dropped by $2.77 per share (over 5.9%) following a press release about suspended mining operations due to a landslide [6]. - On September 24, 2025, after an update on the incident revealing two fatalities and five missing team members, the stock fell by $7.69 per share (almost 17%) [7]. - A report on September 25, 2025, regarding strained relations with the Indonesian government led to an additional drop of $2.33 per share (over 6%) [8]. - An Indonesian news report on September 28, 2025, indicated that the landslide was preventable, further impacting investor sentiment [9].
ROSEN, SKILLED INVESTOR COUNSEL, Encourages Freeport-McMoRan Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - FCX
Newsfile· 2025-11-27 00:12
Core Viewpoint - Rosen Law Firm is encouraging investors of Freeport-McMoRan Inc. to seek legal counsel before the January 12, 2026 deadline related to a securities class action lawsuit [1][3] Group 1: Class Action Details - The class action pertains to investors who purchased Freeport-McMoRan securities between February 15, 2022, and September 24, 2025 [1][2] - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A lead plaintiff must be appointed by January 12, 2026, to represent other class members in the litigation [3] Group 2: Legal Representation - Investors are advised to select qualified legal counsel with a proven track record in securities class actions [4] - Rosen Law Firm has achieved significant settlements in the past, including the largest securities class action settlement against a Chinese company [4] - The firm has consistently ranked highly in securities class action settlements, recovering hundreds of millions for investors [4] Group 3: Case Allegations - The lawsuit alleges that Freeport-McMoRan made false or misleading statements regarding safety at the Grasberg Block Cave mine in Indonesia [5] - It claims that inadequate safety measures posed a heightened risk to workers, leading to potential regulatory and reputational risks [5] - The lawsuit asserts that the company's statements about its business and operations were materially false and misleading [5]
FCX vs. SCCO: Which Copper Mining Giant Should You Bet on Now?
ZACKS· 2025-11-26 15:21
Core Insights - Freeport-McMoRan Inc. (FCX) and Southern Copper Corporation (SCCO) are major players in the copper mining industry, facing challenges from fluctuating copper prices and global economic uncertainties [1] - Copper prices have shown volatility throughout the year, influenced by global economic conditions and trade tensions, with prices fluctuating between approximately $4.1 and $5.96 per pound [2][3] Freeport-McMoRan Inc. (FCX) - FCX is focused on high-quality copper assets and organic growth opportunities, with significant expansions at Cerro Verde in Peru and potential projects at El Abra in Chile [5][6] - The company has a strong liquidity position, generating operating cash flows of around $1.7 billion in Q3 2025, with $4.3 billion in cash and equivalents [8] - FCX's net debt stands at $1.7 billion, below its target range, and it has a policy of distributing 50% of available cash to shareholders [9][10] - However, FCX faces rising costs, with average unit net cash costs increasing to $1.40 per pound in Q3 2025, and projected to rise to $2.47 per pound in Q4 2025 [11][12] - Copper sales volumes fell approximately 6% year-over-year in Q3 2025, primarily due to operational suspensions at the Grasberg mine [13][14] Southern Copper Corporation (SCCO) - SCCO has a robust pipeline of copper projects, with over $15 billion earmarked for capital investments, particularly in Peru [15][16] - The Michiquillay project is expected to produce 225,000 tons of copper annually, with production starting by 2032 [17] - SCCO generated net cash from operating activities of $4.42 billion in 2024, reflecting a 24% increase from the previous year, and $1.56 billion in Q3 2025 [19] - The company offers a dividend yield of 2.9% with a payout ratio of 67% and a five-year annualized dividend growth rate of approximately 0.6% [19] Comparative Analysis - FCX is trading at a forward 12-month earnings multiple of 23.18X, while SCCO is at 22.57X, both above their five-year medians [21][22] - Year-to-date, FCX stock has gained 7.9%, while SCCO stock has increased 41.7% [23] - FCX's return on equity is 7.8%, significantly lower than SCCO's 38.8%, indicating SCCO's more efficient use of shareholder funds [27] - The consensus estimates for SCCO suggest year-over-year growth in sales and EPS, while FCX's estimates imply a decline in sales and modest EPS growth [25][29] Investment Outlook - Both companies are advancing their growth projects amid a volatile copper pricing environment, with FCX focusing on expansion activities and SCCO committed to low-cost production [31][32] - SCCO's higher earnings growth projections and effective utilization of shareholder funds suggest it may offer better investment prospects in the current market [32] - FCX currently holds a Zacks Rank of 3 (Hold), while SCCO has a Zacks Rank of 1 (Strong Buy) [33]