Freeport-McMoRan Inc

FCX: XNYS (USA)
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Freeport-McMoRan Earnings: Strong Copper and Gold Prices More Than Offset Lower Sales Volumes

Freeport-McMoRan's second-quarter adjusted net profit after tax of $1.1 billion, or $0.74 per share, was up 37% year over year. The booming copper price and strong gold price more than offset lower sales volumes of each metal due to lower production at Grasberg.

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