Freeport-McMoRan Inc. (FCX) Signs MoU With Indonesian Government To Extend Mining Operations [Yahoo! Finance]
Freeport-McMoRan, Inc. (FCX)
Last freeport-mcmoran, inc. earnings: 4/24 07:30 am
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Source: Yahoo! Finance
signing a Memorandum of Understanding with the Government of Indonesia to extend its mining operations at the high-value Grasberg minerals district indefinitely, based on the site's resource lifespan. ?Management noted that this agreement extends long-term access of its subsidiary, PT Freeport Indonesia (PTFI), to one of the world's largest copper and gold deposits. The terms of the agreement note that PTFI will increase its community investment and will fund a new hospital and two medical training facilities. Freeport-McMoRan Inc. (FCX) Signs MoU With Indonesian Government To Extend Mining Operations Pixabay/Public Domain ?Moreover, as part of this MoU, Freeport-McMoRan Inc. (NYSE:FCX) retains 48.76% ownership in PTFI through 2041, after which the company will transfer 12% to the government at book value. Richard C. Adkerson, Chairman of the Board, noted: ?“We value our long-standing partnership with the Indonesian government, the people of Indonesia and Papua, and the mutu
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News
- The Market’s Mixed Leadership May Be Rotation, Not A Recession Signal [Forbes]Forbes
- Freeport-McMoRan (FCX) had its price target raised by Bank of America Corporation from $68.00 to $81.00. They now have a "buy" rating on the stock.MarketBeat
- Freeport-McMoRan shares snap six-session winning streak [Seeking Alpha]Seeking Alpha
- Freeport-McMoRan Inc. (FCX) is Attracting Investor Attention: Here is What You Should Know [Yahoo! Finance]Yahoo! Finance
- Freeport-McMoRan (NYSE:FCX) was upgraded by analysts at Freedom Capital from a "hold" rating to a "strong-buy" rating.MarketBeat
FCX
Earnings
- 1/23/26 - Beat
FCX
Sec Filings
- 2/27/26 - Form 8-K/A
- 2/24/26 - Form 4
- 2/24/26 - Form 8-K
- FCX's page on the SEC website