Freeport-McMoRan posts $7.5 billion revenue as Grasberg recovery advances
Freeport-McMoRan reported $7.5 billion in revenue and $3.2 billion in adjusted EBITDA. It projects copper sales to rise 23% in 2027.
- published on Newsmetry
- original source published
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner. connect the api →
what happened
Freeport-McMoRan (FCX) reported revenue of $7.5 billion and adjusted EBITDA of $3.2 billion, with adjusted earnings per share of $0.88. According to TradingView, whose summary was generated with AI, the recovery at the Grasberg mine has moved forward.
The company projects copper sales to grow 23% in 2027, supported by leach initiatives and expansion projects.
why it matters
Higher copper sales as Grasberg recovers add supply to the market, which could weigh on metal prices. Investors in mining stocks will also watch cash generation and production trends closely.
market impact
Copper: higher supply from Grasberg may pressure metal prices; FCX shares gain support from strong cash generation
- Copper pressure down — faster Grasberg recovery adds metal supply to the market
tags
instruments
sources
- FCX: Grasberg recovery and growth projects underpin rising copper sales and strong cash generation — TradingView, 27 October 2026 at 12:37 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner.
get stories in real time ↗