NEW YORK, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Freeport-McMoRan Inc. (“Freeport” or “the Company”) (NYSE: FCX) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Freeport ...

Core Viewpoint - A class action lawsuit has been filed against Freeport-McMoRan Inc. for securities purchased between February 15, 2022, and September 24, 2025, seeking to recover damages under federal securities laws [1] Summary by Relevant Sections - **Company Information** - Freeport-McMoRan Inc. is the subject of a class action lawsuit filed by Rosen Law Firm, which represents investors who purchased its securities during the specified class period [1] - **Legal Action Details** - The lawsuit aims to recover damages for investors under federal securities laws, indicating potential legal and financial implications for the company [1]

Core Viewpoint - Freeport-McMoRan Inc. (FCX) is positioned as a strong investment opportunity in the mining sector, particularly in copper and gold extraction, with solid financial health and significant growth potential [1][5]. Company Overview - FCX operates large, long-lived, geographically diverse assets with substantial proven and probable reserves of copper, gold, and molybdenum [1]. - The company's operations span North America, South America, and Indonesia, making it a key player in the global mining industry [1]. Stock Performance - Over the past month, FCX's stock has declined by approximately 4.28%, which may concern some investors but also presents a potential buying opportunity [2][6]. - The stock experienced a slight dip of about 0.53% in the last 10 days, attributed to market volatility or specific challenges within the mining sector [2]. Growth Potential - FCX has a promising growth outlook, with an expected stock price increase of 18.68%, indicating that the stock is currently undervalued [3][6]. - Analysts have set a target price of $48.60, suggesting substantial upside potential from current levels, which could attract growth-oriented investors [3]. Financial Health - The company boasts a strong Piotroski Score of 8 out of 9, reflecting its profitability, liquidity, and operational efficiency, making it a financially sound investment [4][6]. - The recent touch of a local minimum in the stock price may signal a potential reversal, providing a strategic entry point for investors [4].

Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Freeport-McMoRan Inc. due to allegations of materially misleading business information issued by the company [1]. Group 1: Legal Actions and Investor Rights - Shareholders who purchased Freeport securities may be entitled to compensation through a class action lawsuit without any out-of-pocket fees, facilitated by a contingency fee arrangement [2]. - The Rosen Law Firm is preparing a class action to seek recovery of investor losses related to Freeport [2]. Group 2: Incident Impacting Freeport - On September 24, 2025, Freeport issued a press release regarding a mud rush incident at the Grasberg Block Cave mine in Indonesia, which resulted in the fatal injuries of two team members [3]. - Following the announcement of this incident, Freeport's stock experienced a significant decline of 16.95% on the same day [3]. Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and being ranked No. 1 for the number of settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4].

Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Freeport-McMoRan Inc. due to allegations of materially misleading business information issued by the company [1]. Group 1: Legal Action and Investor Rights - Shareholders who purchased Freeport securities may be entitled to compensation through a class action lawsuit without any out-of-pocket fees, facilitated by a contingency fee arrangement [2]. - The Rosen Law Firm is preparing a class action to seek recovery of investor losses related to Freeport [2]. Group 2: Incident Impact - On September 24, 2025, Freeport released an update regarding a mud rush incident at the Grasberg Block Cave mine in Indonesia, which resulted in the fatal injuries of two team members [3]. - Following the announcement of this incident, Freeport's stock experienced a significant decline of 16.95% on the same day [3]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success in this area [4]. - The firm has achieved notable settlements, including the largest securities class action settlement against a Chinese company and has consistently ranked highly in securities class action settlements since 2013 [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering substantial amounts for its clients [4].

Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Freeport-McMoRan Inc. due to allegations of materially misleading business information issued by the company [1]. Group 1: Legal Action and Compensation - Shareholders who purchased Freeport securities may be entitled to compensation through a contingency fee arrangement, with no out-of-pocket costs [2]. - A class action is being prepared by Rosen Law Firm to seek recovery of investor losses [2]. Group 2: Incident Impact - On September 24, 2025, Freeport issued a press release regarding a mud rush incident at the Grasberg Block Cave mine in Indonesia, which resulted in the fatal injuries of two team members [3]. - Following this announcement, Freeport's stock experienced a significant decline of 16.95% on the same day [3]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. - The firm has achieved notable settlements, including the largest securities class action settlement against a Chinese company and has consistently ranked highly in securities class action settlements since 2013 [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering substantial amounts for its clients [4].

Group 1 - Freeport Indonesia has completed the investigation into the landslide incident at the Grasberg copper-gold mine that resulted in the deaths of seven workers and has received improvement recommendations from the government [1] - The Indonesian Ministry of Mining is evaluating the incident to determine if negligence or regulatory violations contributed to the disaster before deciding on the resumption of operations [1][2] - On September 8, approximately 800,000 tons of wet material flooded the Grasberg mine complex, leading to the fatalities [1] Group 2 - Freeport-McMoRan indicated that the Big Gossan and Deep Mill Level Zone mines at Grasberg could potentially restart operations in the fourth quarter, as they were not affected by the landslide [2] - The Grasberg Block Cave (GBC) is expected to account for 70% of Freeport Indonesia's projected copper and gold production by 2029 [2]

Group 1 - Freeport-McMoRan Inc has resumed operations at the Big Gossan and Deep Mill Level Zone mines after a fatal mudflow incident at the Grasberg mine, which occurred in late October [1] - The two mines that resumed operations were not affected by the September incident that resulted in the deaths of seven workers [1] Group 2 - China's copper industry faces three major challenges: increasing dependence on foreign resources in the upstream sector, overcapacity in the midstream processing segment, and suppressed downstream demand due to high copper prices [1] - To assist the industry in navigating these challenges, Shanghai Nonferrous Metals Network has collaborated with copper industry enterprises to compile a bilingual version of the "2026 China Copper Industry Chain Distribution Map" [1]

Core Viewpoint - Freeport-McMoRan's Indonesian subsidiary, PTFI, has resumed operations at the Big Gossan and Deep Mill underground mines following a fatal mudslide incident at the Grasberg mine, which resulted in the suspension of production activities for safety reasons [1][2]. Group 1: Incident and Response - The mudslide at the Grasberg Block Cave mine occurred on September 8, resulting in the deaths of seven workers, prompting PTFI to halt all mining activities in the area [1]. - PTFI is seeking to restore mining operations at unaffected areas and has applied for the necessary permits, with the Indonesian government showing a willingness to consider the application, contingent on safety assurances [1]. Group 2: Production Outlook - PTFI anticipates a 35% reduction in copper production for 2026, projecting output to fall to 1.7 billion pounds, and gold production to approximately 1.6 million ounces [2]. - The company expects to fully recover to pre-incident production levels by 2027, although the timeline will depend on operational and regulatory approvals [2]. - The unaffected Big Gossan and Deep Mill mines are projected to resume operations by the fourth quarter of 2025, while the larger Grasberg Block Cave mine is expected to gradually restart production in 2026 [1].

Group 1 - The Trump administration has added 10 minerals to its critical minerals list, bringing the total to 60, which includes copper and metallurgical coal, essential for electric vehicles, power grids, and data centers [2] - The updated list will guide federal investment and project permitting decisions, shaping a broader mineral strategy aimed at reducing import dependence and enhancing domestic mining [2][3] - The inclusion of uranium, boron, lead, phosphates, potash, rhenium, silicon, and silver reflects a comprehensive approach to securing materials necessary for defense, manufacturing, and clean energy technologies [3] Group 2 - Strengthening domestic production is seen as a way to mitigate potential supply shocks and export restrictions from competitors, with officials emphasizing the importance of reducing reliance on foreign sources [3] - The agricultural value of potash and phosphates is highlighted, as they are crucial for crop growth, with the U.S. relying heavily on imports for potash [4] - The profitability of U.S. copper mining is under scrutiny, as domestic mines have lower ore grades compared to international operations, leading to higher costs and lower profits [5][6] Group 3 - The inclusion of metallurgical coal aligns with the administration's support for fossil fuels, amidst challenges faced by U.S. metallurgical coal mines due to supply and export dynamics [7] - The National Mining Association is advocating for further expansion of the critical minerals list to ensure access to domestic resources when needed [8]