Freeport-McMoRan Inc. (FCX) Signs MoU With Indonesian Government To Extend Mining Operations

Freeport-McMoRan Inc. (NYSE:FCX) is one of the Best Stocks to Buy and Hold For the Next 3 Years. On February 18, Freeport-McMoRan Inc. (NYSE:FCX) announced signing a Memorandum of Understanding with the Government of Indonesia to extend its mining operations at the high-value Grasberg minerals district indefinitely, based on the site’s resource lifespan. ​Management noted that this agreement extends long-term access of its subsidiary, PT Freeport Indonesia (PTFI), to one of the world’s largest copper and ...