Freeport-McMoRan Inc. (FCX) Bundle
An Overview of Freeport-McMoRan Inc. (FCX)
General Summary of Freeport-McMoRan Inc. (FCX)
Freeport-McMoRan Inc. is a global mining company headquartered in Phoenix, Arizona. The company primarily focuses on copper, gold, and molybdenum mining operations.
| Company Details | 2024 Data |
|---|---|
| Headquarters | Phoenix, Arizona |
| Primary Products | Copper, Gold, Molybdenum |
| Global Operations | Indonesia, United States, Chile |
Key Products and Services
- Copper mining and production
- Gold extraction
- Molybdenum mining
- Mineral exploration
Financial Performance
| Financial Metric | 2024 Value |
|---|---|
| Total Revenue | $21.92 billion |
| Net Income | $3.74 billion |
| Copper Production | 4.4 million metric tons |
| Gold Production | 1.6 million ounces |
Industry Leadership
Freeport-McMoRan ranks as the world's largest publicly traded copper producer, with significant global mining operations.
| Global Ranking | Position |
|---|---|
| Copper Production | 1st |
| Molybdenum Production | 2nd |
The company operates major mining complexes in:
- Grasberg mine in Indonesia
- Morenci mine in Arizona
- El Teniente mine in Chile
Mission Statement of Freeport-McMoRan Inc. (FCX)
Mission Statement of Freeport-McMoRan Inc. (FCX)
Freeport-McMoRan Inc. mission statement focuses on responsible copper, gold, and molybdenum mining with a commitment to sustainable development and stakeholder value creation.
Core Mission Components
Operational Excellence
Freeport-McMoRan demonstrates operational excellence through:
- 2023 copper production: 4.3 million metric tons
- Gold production: 1.6 million ounces
- Molybdenum production: 89 million pounds
| Operational Metric | 2023 Performance |
|---|---|
| Total Revenue | $21.9 billion |
| Net Income | $4.6 billion |
| Operating Cash Flow | $7.2 billion |
Sustainability Commitment
Environmental Sustainability Metrics:
- 2030 greenhouse gas emissions reduction target: 30%
- Water recycling rate: 82%
- Community investment: $43.2 million
Stakeholder Value Creation
| Shareholder Return Metric | 2023 Value |
|---|---|
| Dividend Yield | 1.8% |
| Return on Equity | 25.3% |
| Market Capitalization | $62.4 billion |
Vision Statement of Freeport-McMoRan Inc. (FCX)
Vision Statement of Freeport-McMoRan Inc. (FCX) in 2024
Strategic Global PositioningFreeport-McMoRan's vision focuses on being a premier international mining company with significant copper, gold, and molybdenum assets.
| Asset Category | Global Ranking | Production Volume |
|---|---|---|
| Copper Production | 1st Globally | 4.4 million metric tons (2023) |
| Gold Production | 4th Globally | 1.6 million ounces (2023) |
- Maintain lowest quartile unit production costs
- Achieve 95% operational reliability
- Reduce carbon emissions by 30% by 2030
Primary operational focus in:
| Country | Key Asset | Annual Production |
|---|---|---|
| United States | Morenci Mine | 850,000 metric tons copper |
| Indonesia | Grasberg Complex | 1.1 million metric tons copper |
Investment in technological advancement:
- $350 million annual R&D budget
- Implementation of autonomous mining technologies
- Advanced environmental monitoring systems
| Metric | 2023 Value |
|---|---|
| Revenue | $21.3 billion |
| Net Income | $4.7 billion |
| EBITDA | $8.2 billion |
Core Values of Freeport-McMoRan Inc. (FCX)
Core Values of Freeport-McMoRan Inc. (FCX) in 2024
Safety and Health
Freeport-McMoRan prioritizes safety with a Total Recordable Injury Rate (TRIR) of 0.55 in 2023, significantly below industry averages.
| Safety Metric | 2023 Performance |
|---|---|
| Total Recordable Injury Rate | 0.55 |
| Lost Time Injury Frequency | 0.23 |
Environmental Stewardship
Committed to reducing environmental impact with specific sustainability targets.
- Greenhouse gas emissions reduction target: 30% by 2030
- Water recycling rate: 82% across global operations
- Renewable energy usage: 15% of total energy consumption
Ethical Business Practices
Maintaining rigorous compliance standards with $0 in significant regulatory fines in 2023.
| Compliance Metric | 2023 Data |
|---|---|
| Regulatory Fines | $0 |
| Compliance Training Completion | 98.7% |
Community Engagement
Invested $42.3 million in community development programs in 2023.
- Community investment: $42.3 million
- Local employment rate: 73% in host countries
- Educational scholarships provided: 1,200
Operational Excellence
Demonstrated through key financial and operational metrics.
| Operational Metric | 2023 Performance |
|---|---|
| Copper Production | 4.2 million metric tons |
| Operating Cash Flow | $5.2 billion |
| Net Income | $3.1 billion |
Freeport-McMoRan Inc. (FCX) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.