To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. ...

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 (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 ...

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]

Freeport-McMoRan (FCX) shares jumped early Tuesday as the company detailed a multiyear plan to ramp up copper and gold output following a deadly mud rush at its Grasberg mine in Indonesia. The move lifted the S&P 500 stock near a key support level. Seven Freeport-McMoRan employees died in the Sept. 8 incident, which the company said was unprecedented in the… TRENDING: 13 Fallen S&P 500 Stocks Slip Into Bear Market 11/13/2025Southern Copper shows rising price performance, earning an upgrade to its IBD Relati ...

Freeport-McMoRan (NYSE:FCX) Q3 2025 Earnings Call November 18, 2025 10:00 AM ET Speaker3and gentlemen, thank you for standing by, and welcome to the Freeport-McMoRan Update Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. If you wish to ask a question during the Q&A session, press star one on your touch-tone phone. If you require assistance during the conference, please press star zero. I'd now like to turn the conference over t ...

格拉斯伯格铜矿是全球第二大铜矿及重要金矿，由自由港旗下印尼子公司PTFI负责运营。今年9月8 日，该矿区发生泥石流事故，导致生产一度中断。随后在10月下旬，比格戈桑和深磨矿区两座地下矿井 已率先恢复运营。 自由港麦克莫兰公司总裁凯瑟琳·奎克表示："我们的团队致力于以安全、高效和负责任的方式，恢复格 拉斯伯格矿区大规模、低成本的生产运营。我们已将近期事故中的经验教训纳入未来规划，并正推动多 项举措，从根源上解决问题。在逐步恢复运营、为众多利益相关方创造价值的过程中，我们将始终把安 全置于首位。" 新华财经雅加达11月18日电（记者冯钰林）自由港麦克莫兰于18日宣布，计划自2026年第二季度起，分 阶段重启并恢复其位于印度尼西亚巴布亚省的格拉斯伯格矿区的大规模生产。 根据自由港麦克莫兰预测，随着分阶段重启与产能提升计划的推进，PTFI在2026年的铜、金产量将与 2025年预估水平相近，分别为约10亿磅铜和90万盎司黄金，此后产量将持续增长，预计2027年至2029年 间年均产量将达到约16亿磅铜和130万盎司黄金。 （文章来源：新华财经） ...

Freeport McMoRan (NYSE: FCX) says it plans to restore large-scale production at Indonesia’s Grasberg minerals district from the second quarter of 2026, following a fatal incident that halted operations earlier this year.On Sept. 8, a catastrophic mudslide released 800,000 metric tons of wet material into Grasberg’s Block Cave underground mine, resulting in the death of seven workers. Since then, Freeport has declared force majeure and completed an investigation into the incident, the details of which are ye ...

NEW YORK--(BUSINESS WIRE)---- $FCX #BFA--Freeport-McMoRan Inc. investors that lost money are notified to contact BFA Law before the January 12, 2026 securities fraud class action deadline. ...

Core Viewpoint - A class action lawsuit has been filed against Skye Bioscience, Inc. for allegedly misleading investors about the effectiveness and prospects of its lead drug candidate, nimacimab [1][2]. Company Overview - Skye Bioscience, Inc. is a clinical stage biopharmaceutical company focused on developing molecules that modulate G protein-coupled receptors (GPCRs) to treat obesity, overweight, and metabolic diseases [1]. Allegations - The lawsuit claims that during the class period, Skye failed to disclose that nimacimab was less effective than previously stated, leading to overstated clinical, regulatory, and commercial prospects [2]. - On October 6, 2025, Skye announced that nimacimab did not achieve its primary endpoint of weight loss compared to placebo in a Phase 2a study, resulting in a significant stock price drop of $2.85 per share, or 60%, closing at $1.90 per share [3]. Legal Proceedings - Shareholders may be eligible to participate in the class action and can contact Robbins LLP if they wish to serve as lead plaintiff [4]. - The representation in the lawsuit is on a contingency fee basis, meaning shareholders will not incur fees or expenses [5].