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Freeport-McMoRan — Third Quarter 2026 Earnings Summary

Freeport-McMoRan reported third-quarter 2026 net income attributable to common stock of $1.2 billion, or $0.81 per share, driven by strong copper and gold pricing. Consolidated production for the quarter totaled 832 million pounds of copper, 234 thousand ounces of gold, and 22 million pounds of molybdenum, with sales volumes impacted by timing at the Grasberg minerals district in Indonesia. The company advanced its Grasberg ramp-up and re-commenced smelter operations in late August 2026, while maintaining a net debt position of $1.8 billion excluding downstream processing facility debt.

Company
FREEPORT-MCMORAN INC
Sector
Basic Materials
Industry
Copper