Freeport-McMoRan (FCX) news

Freeport shares climb 7.7%, best one-day gain since April 2025

Freeport-McMoRan Inc. (FCX) shares surged 7.7% in the latest trading session, marking largest one-day gain since April 2025 . The stock closed at $70.13, outperforming broader market indices, including the S&P 500, which rose 1.65%, and the Nasdaq, which gained 3.07% . Over the past month, FCX…

Freeport-McMoRan (FCX) shares climbed 4.49% intraday as copper prices approached record highs and LME inventories plummeted 32%

Moody's Ratings affirms Freeport-McMoran Inc.'s ratings; outlook stable

Moody's Investors Service has affirmed Freeport-McMoRan Inc.'s credit ratings, maintaining its rating at Baa3 with a stable outlook. This decision reflects the company's strong financial position and operational performance in the metals and mining sector. The upgrade to Baa3 from a previous lower…

LME 3-month copper closes $16 higher at $14,148 a ton

On August 13, 2026, the London Metal Exchange (LME) 3-month copper contract closed at $14,148 per ton, a $16 increase from the previous session. This follows a period of sustained price elevation driven by ongoing supply-side concerns, including production disruptions at key mines such as…

Ves approves Freeport copper export license

In a recent development, the Indonesian government has approved a copper export license for Freeport-McMoRan’s operations in Indonesia, marking a significant step for the company’s Grasberg mine. This decision allows PT Freeport Indonesia to export copper, following regulatory updates and…