Freeport-McMoRan Inc (MIL:1FCX)
€ 42.085 1.245 (3.05%) Market Cap: 60.14 Bil Enterprise Value: 64.57 Bil PE Ratio: 32.26 PB Ratio: 3.62 GF Score: 68/100

Freeport-McMoRan Inc at BMO Capital Markets Global Metals & Mining Conference (Virtual) Transcript

Mar 01, 2021 / 03:00PM GMT
David Francis Gagliano
BMO Capital Markets Equity Research - Co-Head of Metals & Mining Research and Metals & Mining Analyst

Okay, great. Thank you for joining us again. (Operator Instructions) So our next fireside chat is with Richard Adkerson, the Chairman of the Board and CEO of Freeport. Freeport is the largest publicly traded copper producer globally, also a major gold producer.

2021 is a critical execution year for Freeport and the key part of its underground expansion at Grasberg, which, if it continues to go according to plan, will result in -- or as expected, resulting copper volume growth of nearly 20% in 2021 and then another 10% in 2022 and gold volume growth of over 50% in '21 and another 20% in 2022.

Richard is one of the longest-tenured senior executives in the copper industry. He's navigated this company through some tremendous changes, some acquisitions, political and social challenges, globally, in Indonesia, boom-and-bust price cycles, et cetera, et cetera.

So with that intro, Richard, thank you for joining us today.

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