Freeport-McMoRan Inc. is a leading international natural resources company primarily focused on the exploration, mining and production of copper, gold and molybdenum. Headquartered in Phoenix, Arizona, Freeport-McMoRan operates large, long-lived, geographically diverse assets with significant proven and probable reserves of base and precious metals. The company’s mining operations include open-pit and underground mines where ore is extracted and processed into concentrate, while downstream assets provide smelting and refining capabilities that support production of finished metal products.
The company’s global footprint spans North America, South America, Europe and Asia, with flagship operations such as the Grasberg mining complex in Indonesia, one of the largest copper and gold producing sites in the world. In North America, Freeport-McMoRan’s operations encompass major copper mines in Arizona and New Mexico, along with associated milling, smelting and refining facilities. In South America, the company maintains a portfolio of assets in Peru and Chile, where exploration and development activities target both high-grade copper deposits and complementary precious metal prospects.
Freeport-McMoRan traces its roots back to the early 20th century and evolved through a series of strategic mergers and acquisitions, including the 2007 merger with Phelps Dodge Corporation and the 2014 spin-off of its oil and gas interests. Today, the company is led by Chairman and Chief Executive Officer Richard C. Adkerson, whose tenure has been marked by a focus on operational efficiency, portfolio optimization and disciplined capital allocation. Under his leadership, management has strengthened the balance sheet, advanced major expansion projects and enhanced shareholder returns while navigating commodity cycles.
As part of its long-term strategy, Freeport-McMoRan places emphasis on sustainable mining practices, community engagement and environmental stewardship. The company invests in technological innovations and digital solutions to improve safety, reduce energy consumption and limit greenhouse gas emissions across its operations. Freeport-McMoRan also pursues disciplined exploration to replenish reserves and unlock value in underdeveloped properties, positioning itself to meet growing global demand for copper and other critical metals in the transition to a lower-carbon economy.
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