Analysis: Freeport-McMoRan Inc.

US:FCX

Why is Freeport-McMoRan Inc. stock rising?

  • Bagdad expansion is moving toward a final investment decision in the second half of 2026.
  • Freeport plans to field test additional leach additives in coming quarters as it scales low-cost U.S. leach production.
  • The El Abra expansion in Chile is advancing through regulatory review after the environmental impact study was submitted in March 2026.
  • Grasberg's Production Block 1 South is expected to restart in 2027, adding production as the block-cave ramp-up progresses.
  • Formal approval of Freeport's Indonesian operating-rights extension is being pursued in 2026, enabling long-term Grasberg development.

Get valuation models, detailed research reports, thematic primers, one-pagers, risk analysis, growth triggers, bear case, capex tracker, walk the talk, and more for Freeport-McMoRan Inc. and 4,900+ companies.

Sign in
5-day free pass. No card required.