Freeport-McMoRan Inc

FCX: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Freeport-McMoRan Earnings: Increased Volumes and Higher Gold Prices Drive a Strong Result

Jon Mills

Jul 25, 2025

Freeport-McMoRan's 2025 second-quarter adjusted EBITDA rose 17%, to USD 3.2 billion, compared with a year ago. Higher copper and gold sales volumes and improved gold prices are the drivers. While copper prices are broadly stable, it is likely to benefit from US tariffs on refined copper imports.

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Freeport-McMoRan Inc

Freeport-McMoRan Earnings: Increased Volumes and Higher Gold Prices Drive a Strong Result

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