Freeport-McMoRan Inc. announced today that it intends to offer, subject to market and other conditions, senior notes in two tranches in an underwritten registered public offering. FCX intends to use the net proceeds from the offering and, if necessary, cash on hand or available liquidity to fund the redemption of all of its outstanding 6.875 [...]
Freeport-McMoRan Inc. : Net loss attributable to common stock totaled $72 million, $0.05 per share, in second-quarter 2019. After adjusting for net charges of $14 million, $0.01 per share, second-quarter 2019 adjusted net loss attributable to common stock totaled $58 million, $0.04 per share. Consolidated sales totaled 807 million pounds of copper [...]
Freeport-McMoRan Inc. today provided an update on its operations and outlook at PT Freeport Indonesia , affirmed its April 2019 guidance for 2019 consolidated copper and gold sales volumes and provided revised estimates for second-quarter 2019. PT-FI OPERATIONAL UPDATE During second-quarter 2019, PT-FI achieved important milestones with respect to [...]
Freeport-McMoRan Inc. today declared a cash dividend of $0.05 per share payable on August 1, 2019 to holders of record as of July 15, 2019 for its common stock. FCX is a leading international mining company with headquarters in Phoenix, Arizona. FCX operates large, long-lived, geographically diverse assets with significant proven and probable [...]
Freeport-McMoRan Inc. announced today an agreement to sell its cobalt refinery in Kokkola, Finland and related cobalt cathode precursor business to Umicore for total consideration of approximately $150 million, plus working capital at the time of close. Under the terms of the agreement, FCX will separate its cobalt business prior to completing the [...]
Freeport-McMoRan Inc. : Net income attributable to common stock totaled $31 million, $0.02 per share, in first-quarter 2019. After adjusting for net charges of $36 million, $0.03 per share, first-quarter 2019 adjusted net income attributable to common stock totaled $67 million, $0.05 per share. Consolidated sales totaled 784 million pounds of [...]
Freeport-McMoRan Inc. today declared a cash dividend of $0.05 per share payable on May 1, 2019 to holders of record as of April 15, 2019 for its common stock. FCX is a leading international mining company with headquarters in Phoenix, Arizona. FCX operates large, long-lived, geographically diverse assets with significant proven and probable [...]
Freeport-McMoRan Inc. announced today that notice has been issued to redeem on March 27, 2019, all of its outstanding $1 billion aggregate principal amount of 3.100% Senior Notes due 2020 , at a make-whole redemption price to be calculated in accordance with the terms of the indenture governing the Notes, plus accrued and unpaid interest on the [...]
Freeport-McMoRan Inc. : Net income attributable to common stock totaled $140 million, $0.09 per share, in fourth-quarter 2018. After adjusting for net charges of $21 million, $0.02 per share, fourth-quarter 2018 adjusted net income attributable to common stock totaled $161 million, $0.11 per share. Consolidated sales totaled 785 million pounds of [...]
NetworkNewsWire Editorial Coverage With global electric vehicle demand growth creating the potential for tight supplies in battery metals such as cobalt, multinational companies and industrialized nations are working to secure these critical metals as prices are projected to rise. The growing market for electric vehicles has led to much higher [...]
Freeport-McMoRan Inc. announced today the completion of its transaction with the Indonesian government regarding PT Freeport Indonesia’s long-term mining rights and share ownership. FCX expects its share of future cash flows of the expanded PT-FI asset base, combined with the cash proceeds received in the transaction, to be comparable to its [...]
Freeport-McMoRan Inc. today declared a cash dividend of $0.05 per share payable on February 1, 2019 to holders of record as of January 15, 2019 for its common stock. FCX is a leading international mining company with headquarters in Phoenix, Arizona. FCX operates large, long-lived, geographically diverse assets with significant proven and probable [...]
