Freeport−McMoRan is primarily a copper producer, but gold and molybdenum are also important components of its production portfolio

Freeport−McMoRan is primarily a copper producer, but gold and molybdenum are also important components of its production portfolio. Copper, a key component in electrical wiring, renewable energy systems, and electronic devices, has seen strong demand due to the global shift towards clean energy and electrification. Copper is integral to the transition to a low−carbon economy. Free- port−McMoRan is positioned to benefit from this growing demand, as copper is essential for electric vehicles (EVs), renewable energy systems (such as wind and solar power), and modern infrastructure projects.Alongside copper, gold is a significant contributor to Freeport’s revenue, particularly from its operations at Grasberg. Gold is typically produced as a by−product of copper mining, and Freeport’s gold output provides a valuable revenue stream, especially when gold prices are high.