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Investors in Freeport-McMoRan Inc. (FCX): Protect Your Rights - Contact Levi & Korsinsky Before January 12, 2026
Newsfile· 2025-11-18 21:23
New York, New York--(Newsfile Corp. - November 18, 2025) - If you suffered a loss on your Freeport-McMoRan Inc. (NYSE: FCX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information:https://zlk.com/pslra-1/freeport-mcmoran-inc-lawsuit-submission-form?prid=178004&wire=5&utm_campaign=11or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call (212) 363-7500 to speak to our team of experienced shareholder advocates. ...
FCX CLASS ACTION: BFA Law Alerts Freeport-McMoRan Inc. Investors of the Pending Securities Fraud Class Action and Upcoming January 12 Deadline
Newsfile· 2025-11-18 20:33
FCX CLASS ACTION: BFA Law Alerts Freeport-McMoRan Inc. Investors of the Pending Securities Fraud Class Action and Upcoming January 12 DeadlineNovember 18, 2025 3:33 PM EST | Source: Bleichmar Fonti & AuldNew York, New York--(Newsfile Corp. - November 18, 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 after significant ...
Final Trades: Netflix, Nvidia, Lockheed Martin and Freeport-McMoRan
Youtube· 2025-11-18 18:27
Group 1 - Company sold WPP due to poor performance compared to top peers and realized a tax loss [1] - Amcor was bought as part of an international income strategy [1] - Freeport McMoRan reported a stock trading at 10% free cash flow yield and 13 times earnings [5] Group 2 - Market volatility observed, with Russell index showing improvement [3] - Earnings report anticipated, indicating potential market interest [4] - Positive price action noted for Netflix, indicating investor interest [3]
Law Offices of Frank R. Cruz Encourages Freeport-McMoran Inc. (FCX) Shareholders to Inquire About Securities Fraud Class Action
Businesswire· 2025-11-18 17:15
Nov 18, 2025 12:15 PM Eastern Standard Time Law Offices of Frank R. Cruz Encourages Freeport- McMoran Inc. (FCX) Shareholders to Inquire About Securities Fraud Class Action Share LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of shareholders who purchased Freeport-McMoran Inc. ("Freeport†or the "Company†) (NYSE: FCX) securities between February 15, 2022 and September 24, 2025, inclusive (the "Class Period†). Freeport investor ...
Freeport-McMoRan Inc. (FCX) Discusses Investigation and Response to Grasberg Block Cave Incident and Operational Outlook - Slideshow (NYSE:FCX) 2025-11-18
Seeking Alpha· 2025-11-18 16:59
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FCX INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Freeport McMoRan Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Businesswire· 2025-11-18 16:05
Share SAN DIEGO--(BUSINESS WIRE)--The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Freeport-McMoRan Inc. (NYSE: FCX) publicly traded securities between February 15, 2022 and September 24, 2025, both dates inclusive (the "Class Period†), have until January 12, 2026 to seek appointment as lead plaintiff of the Freeport-McMoRan class action lawsuit. Captioned Reed v. Freeport-McMoRan Inc., No. 25-cv-04243 (D. Ariz.), the Freeport-McMoRan class action lawsuit charges ...
Freeport-McMoRan(FCX) - 2025 Q3 - Earnings Call Transcript
2025-11-18 16:02
Freeport-McMoRan (NYSE:FCX) Q3 2025 Earnings Call November 18, 2025 10:00 AM ET Company ParticipantsJohn Tumazos - PrincipalMark Johnson - President and COOBob Brackett - Head and Managing Director of Americas Energy and TransitionKathleen Quirk - President and CEOCory Stevens - Senior VPDavid Joint - VP of Investor RelationsRichard Adkerson - Chairman of the BoardLiam Fitzpatrick - Managing Director and Head of European Metals and MiningConference Call ParticipantsLawson Winder - Equity Research AnalystBil ...
Freeport-McMoRan(FCX) - 2025 Q3 - Earnings Call Transcript
2025-11-18 16:02
Financial Data and Key Metrics Changes - The company expects EBITDA to approach $12 billion in 2026, with significant growth to over $15.5 billion on average for 2027 and 2028, driven by increased production and favorable copper prices [40][41] - Operating cash flows are projected to approximate $8 billion in 2026, growing to $11.5 billion on average in 2027 and 2028, excluding potential recovery under property and business interruption insurance coverage [41][42] Business Line Data and Key Metrics Changes - The Grasberg district's production outlook for 2026 is expected to be similar to 2025, with significant increases anticipated in 2027-2029 as operations are restored [20] - The company plans a phased restart of production blocks two and three, targeting a ramp-up in the second quarter of 2026, while repairs for production block one south are expected to take longer, with a restart targeted for mid-2027 [18][19] Market Data and Key Metrics Changes - The demand trends for copper are positive, driven by increasing requirements for electrification, technology, and energy infrastructure [39] - The company is well-positioned as a leading copper producer with large-scale current production and an attractive pipeline for future growth [39] Company Strategy and Development Direction - The company is focused on enhancing safety protocols and cave management plans following the September 8th incident, with a commitment to using learnings to prevent future occurrences [16][19] - Efforts are underway to extend PT FI's operating rights beyond 2041, with the Indonesian government expressing support for a long-term extension [39] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in re-establishing large-scale production and emphasized a commitment to safety above all else [19] - The company is actively managing costs and capital expenditures, particularly in the near term, to prioritize recovery efforts [41][42] Other Important Information - The company has a policy that provides coverage for up to $700 million for underground losses, which may assist in mitigating financial impacts from the incident [41] - The investigation into the September 8th incident has been collaborative with the government, which has been involved since the first day of the incident [66] Q&A Session Summary Question: Adjustments to mine planning and operations - The company confirmed that the primary difference in the long-term plan is the sequencing of production blocks, with new processes to enhance safety being applied throughout the mine [46][47] Question: Confidence in safety for resuming mining - Management assured that cement plugs will be installed to protect against surface connections before resuming operations, emphasizing the effectiveness of current water drainage systems [56][57] Question: Government approval for restart plans - The government has been involved in the investigation and has conceptually approved the restart plans, with ongoing collaboration to ensure safety [66] Question: Capital expenditures and repair costs - The capital expenditure estimate includes a placeholder for assumed damage costs, with potential reimbursement from insurance not yet factored in [69] Question: Impact of new gold tax policies - The company has stabilized terms within its license, and most gold is contracted for at market prices locally, mitigating potential impacts from new tax policies [80] Question: Development timeline for Kuchko Liar project - The Kuchko Liar project is unaffected by the incident at Grasberg, with ongoing risk management processes in place [85]
FCX Stock Leads S&P 500 As Copper Price Dips Amid Mine Restart Plan
Investors· 2025-11-18 16:01
Core Insights - Freeport-McMoRan (FCX) shares experienced a significant increase following the announcement of a multiyear plan to boost copper and gold production after a tragic incident at its Grasberg mine in Indonesia, where seven employees lost their lives [1] - The stock's performance is closely tied to key support levels within the S&P 500 index, indicating potential recovery and investor interest [1] Company Developments - Freeport-McMoRan is focusing on ramping up copper and gold output as part of its strategic response to the recent operational challenges [1] - The company’s stock performance has been positively impacted by rising copper prices, which have shown a strong upward trend [4] Industry Trends - The mining sector, particularly copper and aluminum, is experiencing a rally, with Southern Copper also receiving an upgrade in its relative strength rating, reflecting improved market performance [4] - The overall market sentiment is influenced by inflation data and developments in the defense and mining sectors, indicating a broader economic context affecting stock performance [4]
Freeport-McMoRan(FCX) - 2025 Q3 - Earnings Call Transcript
2025-11-18 16:00
Financial Data and Key Metrics Changes - The company expects production for 2026 to be similar to 2025, with significant increases anticipated in 2027-2029 as operations are restored [18][36] - EBITDA is projected to approach $12 billion in 2026, with further growth to over $15.5 billion on average for 2027 and 2028, based on copper prices around $5 per pound [38] Business Line Data and Key Metrics Changes - The Grasberg Block Cave incident impacted production, with PB1C representing approximately 2-3% of copper and gold reserves and about 7% of production year-to-date prior to the incident [10][12] - The phased restart plan includes PB2 and PB3, targeting a ramp-up of production in the second quarter of 2026, while PB1 South is expected to restart in mid-2027 and PB1C deferred until the end of 2027 [15][29] Market Data and Key Metrics Changes - The demand trends for copper are positive, driven by increasing requirements for electrification, technology, and energy infrastructure [36] - The company is well-positioned as a leading copper producer with large-scale current production and an attractive pipeline for future growth [36] Company Strategy and Development Direction - The company is focused on enhancing safety protocols and cave management plans following the September 8th incident, with a commitment to using learnings to prevent recurrence [14][17] - Plans to extend operating rights beyond 2041 are in progress, with government support expected for a long-term extension [36] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in reestablishing large-scale production and emphasized a commitment to safety above all else [17] - The investigation into the incident has been collaborative with government authorities, ensuring transparency and alignment of interests [48] Other Important Information - The company has a policy providing coverage for up to $700 million for underground losses, which may assist in recovery efforts [38] - Capital expenditures for 2025 and 2026 are estimated to be approximately $800 million below previous estimates, with deferrals to prioritize recovery [38] Q&A Session Summary Question: Adjustments to mine planning and operations - The primary difference in the long-term plan is the sequencing of PB1 within PB1, PB1C, and PB1 North, while other portions of the mine are progressing as previously forecast [40] Question: Confidence in safety for resuming mining - Cement plugs will be installed in PB1C to protect against surface contact, ensuring no pathways remain before starting operations [43] Question: Government approval for restart plans - The government has been involved in the investigation and has conceptually approved the restart plans for Deep MLZ and Big Gossan, with ongoing collaboration [48] Question: Impact of new gold tax policies - The company has stabilized terms within its license, and most gold is sold domestically, which is beneficial given the new tax policies [52] Question: Production cost profile impact - Grasberg is expected to maintain a low-cost operation despite some fixed costs being charged to expense during the ramp-up [51]