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Freeport-McMoRan Inc. (FCX)

NYSE - Nasdaq Real-time price. Currency in USD
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47.02+1.14 (+2.48%)
At close: 04:00PM EDT
47.02 0.00 (0.00%)
After hours: 05:16PM EDT
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  • Reuters

    UPDATE 1-Freeport warns copper export ban could cost Indonesia $2 bln in lost revenue

    Copper miner Freeport Indonesia has warned the Indonesian government that banning exports of copper concentrate in June could lead to a loss of $2 billion in revenues for Jakarta, a company official said on Thursday. Indonesia's export ban takes effect from June in an effort to force miners to invest in domestic smelting facilities, thus adding value to their products, boosting earnings from exports. Freeport Indonesia, controlled by mining giant Freeport McMoran, though the Indonesian government is a majority shareholder, has called for the ban to be relaxed as its Gresik smelter would not be operating at full capacity by June.

  • Reuters

    Freeport warns copper export ban could cost Indonesia $2 bln in lost revenue

    Copper miner Freeport Indonesia has warned the Indonesian government that banning exports of copper concentrate in June could lead to a loss of $2 billion in revenues for Jakarta, a company official said on Thursday. Indonesia's export ban takes effect from June in an effort to force miners to invest in domestic smelting facilities, thus adding value to their products, boosting earnings from exports. Freeport Indonesia, controlled by mining giant Freeport McMoran, though the Indonesian government is a majority shareholder, has called for the ban to be relaxed as its Gresik smelter would not be operating at full capacity by June.

  • Business Wire

    Freeport-McMoRan Declares Quarterly Cash Dividends on Common Stock

    PHOENIX, March 27, 2024--Freeport-McMoRan Inc. (NYSE: FCX) announced today that its Board of Directors declared cash dividends of $0.15 per share on FCX’s common stock payable on May 1, 2024, to shareholders of record as of April 15, 2024. The declaration includes a base dividend of $0.075 per share and variable dividend of $0.075 per share in accordance with FCX's performance-based payout framework. The payment of dividends is at the discretion of the Board, which will consider FCX's financial