2024-03-31 22:36:49 ET
Summary
- Freeport-McMoRan is a large copper mining company with a focused production profile on copper but also has gold and molybdenum sales.
- The company has a significant portion of its operating income coming from Indonesia due to extremely low costs there.
- FCX has strong financials, with an impressive operating margin, and has generated positive cash flows for the last 4 years.
Overview
Freeport-McMoRan ( FCX ) is one the largest copper mining companies in the world and it is very focused on copper specifically while many larger mining companies often have a more diversified production profile between base metals....
Read the full article on Seeking Alpha
For further details see:
Freeport-McMoRan: A Large High-Margin Copper-Focused Miner