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Freeport-McMoRan Posts Strong Earnings Despite Indonesia Shutdown

Freeport-McMoRan Inc. NYSE: FCX reported third-quarter earnings on Oct. 23. The results highlighted the company’s resilient performance despite a temporary halt in operations at its Grasberg mine in Indonesia. This reduced the company’s quarterly copper and gold output. However, the company’s disciplined cost control and a rise in copper prices continue to make the miner an attractive investment based on long-term copper demand. Freeport-McMoRan TodayFCXFreeport-McMoRan41.040.20 (0.4741.04 -0.20 (-0.47%) 52-Week Range2 ...