Freeport-McMoRan Inc. announced today that its Board of Directors declared a cash dividend of $0.075 per share on FCX's common stock payable on November 1, 2021, to stockholders of record as of October 15, 2021. As previously reported on February 2, 2021, the Board adopted a financial policy for the allocation of cash flows aligned with FCX's [...]
Freeport-McMoRan Inc. announced today the appointment of Marcela E. Donadio and Sara Grootwassink Lewis to its Board of Directors. Ms. Donadio retired as a partner of Ernst & Young LLP, a multinational professional services firm, in 2014. From 2007 until her retirement in 2014, she served as Americas Oil & Gas Sector Leader for Ernst & Young, with [...]
Freeport-McMoRan Inc. today announced that it has posted its second-quarter 2021 financial and operating results press release on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases. This press release features multimedia. View the full release here [...]
Freeport-McMoRan Inc. today announced that it has posted its first-quarter 2021 financial and operating results press release on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases. This press release features multimedia. View the full release here [...]
Freeport-McMoRan Inc. today announced the publication of its 2020 Annual Report on Sustainability detailing its environmental, social and governance performance during the year. FCX has a long history of robust ESG programs and is continuously striving to embrace evolving stakeholder expectations and best practices. This report marks FCX's 20th [...]
Freeport-McMoRan Inc. announced today the appointment of David P. Abney and Robert "Bob" W. Dudley to its Board of Directors. Mr. Abney retired as Chairman and Chief Executive Officer of United Parcel Service, Inc., a multinational package delivery and supply chain management company in 2020. He served as CEO beginning in 2014 and previously served [...]
Freeport-McMoRan Inc. announced today that its Board of Directors declared a cash dividend of $0.075 per share on FCX's common stock payable on May 3, 2021, to stockholders of record as of April 15, 2021. As previously reported on February 2, 2021, the Board adopted a financial policy for the allocation of cash flows aligned with FCX's strategic [...]
Freeport-McMoRan Inc. announced today that its Board of Directors has reinstated a cash dividend on its common stock at an annual rate of $0.30 per share. FCX's previous cash dividend on its common stock was $0.20 per share prior to suspending these payments in April 2020 in connection with its comprehensive response to the global pandemic. The [...]
Freeport-McMoRan Inc. today announced that Gerald J. Ford, non-executive Chairman of the Board of Directors, will retire as a director effective upon the expiration of his current term, which ends in June 2021. In light of his impending retirement, Mr. Ford has stepped down as non-executive Chairman. The Board has appointed Richard C. Adkerson as [...]
Freeport-McMoRan Inc. today announced that it has posted its fourth-quarter and year ended 2020 financial and operating results press release on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases. This press release features multimedia. View the full release here [...]
Freeport-McMoRan Inc. announced today with great sadness that James Robert “Jim Bob” Moffett of Austin, Texas passed away at the age of 82. Mr. Moffett served as Chairman of Freeport-McMoRan from 1984-2015 and CEO from 1984-2003. Mr. Moffett co-founded McMoRan Exploration Co. in 1969 with B. M. “Mack” Rankin, Jr. and W. K. McWilliams . In 1981 [...]
Freeport-McMoRan Inc. announced today that it has completed a sale of its interests in the Kisanfu undeveloped project to a wholly owned subsidiary of China Molybdenum Co., Ltd. for $550 million. After-tax net cash proceeds approximate $415 million. The Kisanfu project, located in the Democratic Republic of Congo, is a large, undeveloped cobalt and [...]