BRIEF-Freeport-McMoRan Sees US Copper Output Up 8% In 2026

Reuters01-22
BRIEF-Freeport-McMoRan Sees <a href="https://laohu8.com/S/USCUF">US Copper</a> Output Up 8% In 2026

Freeport-McMoRan Inc FCX.N:

  • CEO KATHLEEN QUIRK: 'GRASBERG INCIDENT WAS HUMBLING, BUT OUR TEAM ... IS DEDICATED TO SAFELY AND SUSTAINABLY RESTORING OUR OPERATIONS'

  • CEO: COPPER PRODUCTION FROM LEACH OPERATIONS EXPECTED TO GROW 40% THIS YEAR

  • CEO: COMPANY HAS THREE 'MAJOR PROJECTS IN THE AMERICAS THAT PROVIDE OPTIONALITY FOR FUTURE GROWTH'

  • CEO: COPPER DEMAND IN U.S FROM ARTIFICIAL INTELLIGENCE SECTOR OFFSETTING SOFTNESS IN RESIDENTIAL CONSTRUCTION AND AUTO SECTORS

  • CEO: U.S. COPPER PRODUCTION EXPECTED TO RISE 8% THIS YEAR

  • CEO: 2026 SOUTH AMERICAN COPPER SALES SHOULD BE SIMILAR TO 2025'S 1.1 BILLION POUNDS

  • CEO: 85% OF PRODUCTION AT GRASBERG DISTRICT SHOULD BE RESTORED BY SECOND HALF OF YEAR

Source text: [ID:]

Further company coverage: FCX.N

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment