Freeport commences Indonesian smelter commissioning; Q2 copper sales ~900M lbs

FREEPORT-MCMORAN INC

2024-Q2 EPS reported $0.75 revenue$12,945,000,000

Commissioning of new Indonesian smelter began; facility will process concentrate into copper cathode.
Q2 2024 copper sales estimated at ~900M lbs; gold sales ~500K oz.
Q2 2024 unit net cash cost expected ~$1.60/lb of copper.
2024 copper sales guidance of ~4.1B lbs and gold ~2.0M oz reaffirmed.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.