Freeport-McMoRan(FCX)

Quarterly Report filed 2026-08-06

Miguel Palacios Bids Farewell to Company mboyle Tue, 08/04/2026 - 11:56 Post Image August 4, 2026 - Miguel Palacios recalled a breakroom conversation with Kathleen Quirk that captured his approach to work during more than four decades with the company. Palacios was in the midst of his tenure as Vice President-North America Smelting and Refining with responsibility for the company’s Miami and El Paso operations several years back when he encountered Quirk, now the company’s President and Chief Executive Officer. “One day, Kathleen asked me what I was doing in Miami because things were running so well," Palacios said of the conversation that took place at the company’s Hub in Phoenix. "My response was that any good results in Miami were due to a great team there, competent and highly motivated.” It’s his former colleagues, the people with whom he shared every professional success and challenge, that Palacios speaks about first when recalling the highlights of his years spent with Atlanti

Fellowship Offers College Professors Real-World Experience mboyle Fri, 07/31/2026 - 11:14 Post Image July 31, 2026 - Years of academia recently made way for months of invaluable, real-world experience for 12 college professors participating in Freeport’s Academic-Industry Mining (AIM) Fellowship. Through the AIM Fellowship, college professors from across the country temporarily trade academia for summer work experience, gaining an in-depth, hands-on understanding of the mining process and the challenges it faces. For Azeem Raza, the fellowship not only represents an opportunity to understand the current landscape of the mining industry but also help shape it, literally. Raza, an assistant research professor at Missouri University of Science and Technology, specializes in surface mine design and planning. He is spending his fellowship with Freeport’s Reinvent Mining team, exploring how emerging technologies like autonomous haulage and robotics could fundamentally change the way mines ar

Manyar Smelter Achieves Copper Mark Designation mboyle Mon, 07/27/2026 - 10:53 Post Image July 27, 2026 - PT Freeport Indonesia’s new smelter in Manyar has attained the Copper Mark after demonstrating it meets global industry standards for protecting workers, the environment and affected communities. With inclusion of the Manyar smelter, all Freeport operating sites have received the Copper Mark or its equivalent for molybdenum. The milestone culminates a seven-month process, with the site being notified in June it had met the requirements. The designation covers the entire Manyar site, including metal refineries and other related facilities. To earn the designation, the facility’s policies and practices were scrutinized by outside auditors to determine whether they complied with rigorous standards that address risk management, business integrity and responsible production. Beyond reviewing written policies, systems and site records, independent auditors spent a week on site in Februar

Cerro Verde Completes First Works for Taxes Projects in Arequipa mboyle Fri, 07/24/2026 - 09:00 Post Image July 24, 2026 - Cerro Verde has completed its first two projects through Peru's Works for Taxes (Obras por Impuestos, OxI) program, investing more than $14 million in initiatives designed to expand access to education and improve infrastructure in the Arequipa region. The Works for Taxes program allows private companies to accelerate public infrastructure projects by funding and executing them directly, with investments later applied toward tax obligations. Through the program, Cerro Verde is helping ensure a portion of the taxes it pays to the government is translated into tangible improvements for local communities. “The main challenge facing Arequipa’s authorities is improving public investment by spending the resources generated by mining more efficiently—for example, on projects that improve the quality of life of Arequipa residents,” said Julia Torreblanca, Senior Vice Presi

GRESIK MINE LOCATED IN PAPUA, INDONESIA mboyle Thu, 07/23/2026 - 13:36 Operation Region INDONESIA Ores Copper and Gold Ores Location Display Order 2 Modal Background Image Map Location id #gresik_link Left Column • PTFI’s Smelter and Precious Metals Refinery • PT Smelting (Copper Smelter and Refinery) Description PTFI’s smelter at Manyar, Gresik, East Java, and the nearby PT Smelting operation smelt and refine all of the copper concentrate from PTFI, and the Precious Metals Refinery at the Manyar smelter processes anode slimes from the smelter and PT Smelting. Did you know? With the completion of PTFI’s smelter and precious metals refinery (PMR) (collectively, PTFI’s downstream processing facilities) in Gresik, Indonesia, during 2025, PTFI is a fully integrated producer of refined copper and gold. Location Gresik is a city and regency located in East Java Province, Indonesia, on the island of Java. Gresik is approximately 650 kilometers east of Jakarta. Background During 2024, construc

Material Event filed 2026-07-23

Bagdad Unveils Flag-Themed Haul Truck Beds mboyle Mon, 07/20/2026 - 08:55 Post Image July 20, 2026 - At the company’s site in Bagdad, Arizona, a new generation of haul truck beds is rolling into service, bringing a wide range of operational benefits – and a timely nod to the country the site helps power. Just ahead of the Fourth of July and America’s 250th anniversary, Bagdad began deploying new Schlam haul truck beds featuring a full American flag design. The first of these beds marks the transition from validation trials to full-scale implementation, as the site continues improvements to its autonomous haulage fleet. “At our operations, every ton matters,” said Nura Woolley, Senior Mine Engineer-FM Technical Services. “This first post-trial bed represents the shift from validation to implementation, driving safer and more efficient performance across the fleet.” Schlam haul truck beds are lighter and more durable than traditional designs, allowing trucks to carry larger payloads, red

Vicki Seppala Retires After Three Decades with Freeport mboyle Thu, 07/16/2026 - 13:48 Post Image July 16, 2026 - Email was the hot new technology when Vicki Seppala first got into the mining business more than three decades ago. Seppala had been working at a technology startup before joining Freeport, so she knew email – like any emerging technology – would create both opportunities and challenges. Email allowed instant and widespread communication. It also gobbled up a lot of time. That lesson stayed with her throughout her career. As a trailblazer who became the first woman mine manager in Chile, Seppala learned that progress often brings both benefits and challenges. Whether evaluating new technologies, managing complex projects or planning for future growth, those experiences proved valuable as she and her team worked to plan the future expansion of the Safford mine and its vast Lone Star reserves. Seppala retired recently as General Manager at Safford, closing a mining career tha

Bagdad Hosts Corporate Interns for Annual Site Visit mboyle Fri, 07/10/2026 - 13:40 Post Image July 10, 2026- The company’s corporate interns recently traded the quiet hum of the office for the din of a fully producing mine, traveling to Bagdad for a tour that connected their work with day-to-day site operations. The tour was part of the “Intern Extravaganza,” a yearly event arranged for the summer interns by Freeport’s Talent Acquisition Programs team. Nearly 40 interns participated in this year’s Bagdad tour. In total, the company has close to 200 interns this summer, a mix of office and in-the-field workers experiencing modern mining across various Freeport sites and specialties. After last year’s visit to Sierrita, the Phoenix-based interns’ tour of Bagdad has returned as an annual part of the Extravaganza. In addition to getting a firsthand look at a mining operation, the interns also learned more about Bagdad’s initiatives, including the planned Bagdad 2X expansion, the Sycamore

Freeport Ranked One of the Best Companies to Work For in U.S. mboyle Wed, 07/01/2026 - 07:28 Post Image July 1, 2026 - Freeport has been named one the best places to work in the United States in the U.S. News & World Report 2026 Best Companies to Work For ratings. Freeport earned awards in multiple categories – Best Companies to Work For Overall, in the Energy and Resources sector, in the Western U.S. and for Internships. Last year, the company was ranked among the top performers in the Internships category. Employee perceptions of six factors important to their wellbeing are rated. Freeport received top marks in the areas of job and company stability, career opportunities and professional development. It also ranked high on maintaining a work-life balance, creating a sense of belongingness and esteem, quality of pay and benefits, and physical and psychological comfort and safety. The company takes a holistic approach to the employee experience, grounded in Proudly Creating Better