Worker at furnace during melting copper. (Stock Image) Copper prices fell on Monday, giving back part of last week’s strong gains even as supply concerns persist following deadly disruptions at Indonesia’s Grasberg mine.Benchmark three-month copper on the London Metal Exchange (LME) slipped 0.7% to $10,639.50 per tonne by mid-afternoon trading, erasing earlier advances. The decline followed copper’s biggest weekly gain in a year. On the CME, three-month futures traded at $11,115 per tonne ($5.0525 per pound ...

Freeport-McMoRan (NYSE:FCX) said Monday that the remaining five workers who were missing following the September 8 mudslide at the Grasberg Block Cave mine in Indonesia were found dead. During the incident, a sudden rush of ~800,000 metric tons of wet material entered ...

Group 1 - The article provides a market analysis covering various commodities including Gold Spot in US Dollar, Copper Futures, US Coffee C Futures, and Brent Oil Futures [1] Group 2 - The analysis highlights the current trends and price movements in these commodities, which are essential for investors to make informed decisions [1]

智通财经APP获悉，在上周取得一年来最大单周涨幅后，铜价周一延续涨势，LME期铜一度涨0.8%， 逼近去年五月创下的历史高点。截止发稿，LME期铜报10730美元/吨。 投资者正密切关注可能影响美联储降息前景的经济数据——包括本周晚些时候将公布的初请失业金人数 和通胀预期指标，尽管持续进行的美国政府停摆可能影响这些数据的发布。 与此同时，供应也是影响铜价的一个重要因素。今年以来，全球最大的几个铜矿并不太平。5月下旬， 位于刚果(金)的全球第四大铜矿卡莫阿-卡库拉铜矿发生矿震事件，并导致其2025年产量指引由从52万 ~58万吨，下修至37万~42万吨。 7月底，全球最大地下铜矿智利埃尔特尼恩特矿，因为地震造成矿井坍塌，运营这座矿山的智利国营铜 业公司表示，今年的产量将缩减30万吨，较此前预期低约11%。 9月8日，全球第二大铜矿印尼Grasberg矿山发生大规模湿性矿料涌出事故并堵塞了通道，导致7名工人 被困地下，其中有2名工人身亡，自由港立即暂停该矿区作业。 9月24日，美国矿业巨头自由港-莫克莫兰(以下简称"自由港") 公司发布公告表示，其位于印尼的 Grasberg矿山因泥石流事故停产，启动不可抗力条款 ...

Core Viewpoint - The copper market is experiencing strong demand driven by global shifts, while Freeport-McMoRan's stock has faced volatility, presenting a potential investment opportunity [2][11]. Industry Overview - The long-term demand for copper is robust, fueled by the energy transition to renewables, the AI revolution, and ongoing urbanization [3][4]. - The supply of copper is constrained, with a thin pipeline for new large-scale mines, leading to a supply-demand squeeze that has prompted upgrades in long-term price forecasts by institutions like Bank of America [5][6]. Company Positioning - Freeport-McMoRan is a leading copper producer with a market capitalization exceeding $56 billion, supplying approximately 70% of domestically refined copper in the U.S. [7][8]. - The company reported strong Q2 2025 results with revenues of $7.58 billion and EPS of 54 cents, generating $2.2 billion in operating cash flow [9]. - Freeport-McMoRan has a low debt-to-equity ratio of 0.30 and has achieved a strategic milestone with the start-up of a new copper smelter in Indonesia [10]. Recent Developments - A temporary production halt at the Grasberg mine due to a mud rush incident has caused stock volatility, but analysts view this as a short-term issue [11][15]. - Following the stock sell-off, several analysts upgraded their ratings, indicating confidence in Freeport-McMoRan's recovery [12][14]. Investment Outlook - The consensus rating for Freeport-McMoRan is Moderate Buy, with an average price target of around $46.50, suggesting potential upside from current levels [18]. - The company maintains a consistent annual dividend of 30 cents per share, reflecting management's confidence in long-term cash flow generation [17].

Group 1: Stock Performance - Freeport-McMoRan (FCX) closed at $39.67, marking a +2.06% move from the prior day, outperforming the S&P 500 which gained 0.01% [1] - Over the past month, shares of Freeport-McMoRan have lost 15.63%, lagging behind the Basic Materials sector's gain of 5.58% and the S&P 500's gain of 4.83% [1] Group 2: Earnings Projections - Freeport-McMoRan is projected to report earnings of $0.43 per share, representing year-over-year growth of 13.16% [2] - The Zacks Consensus Estimate for revenue is projecting net sales of $6.63 billion, down 2.4% from the year-ago period [2] Group 3: Full Year Estimates - For the full year, earnings are projected at $1.6 per share and revenue at $26.03 billion, reflecting changes of +8.11% and +2.27% respectively from the preceding year [3] - Recent revisions to analyst estimates indicate evolving short-term business trends, with positive revisions suggesting optimism about the business outlook [3] Group 4: Valuation Metrics - Freeport-McMoRan has a Forward P/E ratio of 24.32, indicating a discount compared to its industry's Forward P/E of 26.24 [6] - The company's PEG ratio is currently 0.71, aligning with the Mining - Non Ferrous industry's average PEG ratio of 0.71 [6] Group 5: Industry Ranking - The Mining - Non Ferrous industry is part of the Basic Materials sector and holds a Zacks Industry Rank of 48, placing it in the top 20% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Core Points - Bragar Eagel & Squire, P.C. is investigating potential claims against Freeport-McMoran Inc. regarding possible violations of federal securities laws and unlawful business practices [1][2] Investigation Details - The investigation is focused on Freeport's actions that may have led to losses for stockholders, particularly following a recent incident at the Grasberg Block Cave operation in Indonesia [1][6] - Freeport's stock price dropped by $2.80 per share, or 5.99%, closing at $43.87 per share on September 9, 2025, after the announcement of suspended mining activities due to a blockage that trapped seven workers [6] Next Steps - Investors who purchased Freeport shares and experienced losses are encouraged to contact Bragar Eagel & Squire for more information about their legal rights and potential claims [3]

Group 1 - The core viewpoint of the article highlights that U.S. copper futures have reached a nearly one-year high, with an increase of over 3% [1] - Copper-related stocks in the U.S. have experienced a broad rally, with Southern Copper and Freeport-McMoRan both rising by more than 3% [1]

Core Insights - Freeport-McMoRan Inc (NYSE:FCX) stock has increased by 1.2% to $39.33 following an upgrade from UBS to "buy" from "neutral," with a new price target of $48, representing a 23.5% premium to the previous close [1] - The mining sector is experiencing a boost due to rising copper prices, which have reached a 16-month high [1] Group 1: Analyst Ratings and Price Targets - 12 out of 19 brokerage firms have a "buy" or better rating for FCX, with a 12-month consensus target price of $46.75, indicating an 18.4% premium to current levels [2] - FCX shares are on track for their best weekly gain since April, having increased by 35.6% over the last three months, although they still show a 20.6% year-to-date deficit [2] Group 2: Market Activity and Sentiment - The 10-day call/put volume ratio for FCX is 5.65, ranking in the 84th percentile of readings from the past 12 months, indicating bullish sentiment among traders [3] - The Schaeffer's Volatility Index (SVI) for FCX is at 41%, which is in the low 13th percentile of its annual range, suggesting that options traders are anticipating low volatility [4]

瑞银集团将自由港麦克莫兰公司（Freeport-McMoRan Inc.）的评级从 "中性" 上调至 "买入"。此次设定 的目标价（PT）为 48 美元，较该股最新股价隐含 23% 的上涨空间。 ...