---
schema_version: "secwatch.filing_event.v1"
accession: "0000831259-26-000014"
form_type: "8-K"
ticker: "FCX"
cik: "0000831259"
company_name: "FREEPORT-MCMORAN INC"
filed_at: "2026-02-24T23:59:59+00:00"
generated_at: "2026-05-16T00:59:09.379662+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Freeport-McMoRan signs MOU with Indonesia for life-of-resource extension at Grasberg

## Summary
- PTFI's IUPK amended for life-of-resource extension; FCX retains 48.76% through 2041, then ~37% from 2042.
- PTFI will fund a new hospital and two medical education facilities for Papua communities.
- PTFI increases exploration spending and advances studies for long-term resource development.
- PTFI prioritizes domestic downstreaming; may market refined copper to US on market terms if needed.
- FCX transfers 12% share to government in 2041 at no cost but reimbursed for pro-rata post-2041 costs.

## SEC filing metadata
- accession: 0000831259-26-000014
- form_type: 8-K
- ticker: FCX
- cik: 0000831259
- company_name: FREEPORT-MCMORAN INC
- filed_at: 2026-02-24T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.9
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/831259/000083125926000014/0000831259-26-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/831259/000083125926000014/fcx-20260218.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000831259-26-000014
- JSON: https://secwatch.observer/filing/0000831259-26-000014.json
- Plain text: https://secwatch.observer/filing/0000831259-26-000014.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.