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Freeport-McMoRan

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methods required a mix of chemical fluids. Workers disposed of these chemicals in two areas downhill from the mine in unlined ponds. As a result, the liquid chemicals seeped into the ground below the disposal area and polluted a groundwater drinking source known as the “basin-fill aquifer.” The Tohono O'odham Nation, where the mine is located relies heavily upon groundwater to meet drinking water needs.
3566: 658:, and Samuel W. Travers solicited proxies to use at the April 5th annual stockholders' meeting, claiming, according to reports, that "management has refused them adequate information regarding the property. President E.P. Swenson denies that information has been thus withheld and states that the board, which represents the dominant interests, has no vacancies at the present time." 846:. The tramways were needed to move people, supplies and ore because a 2,000-foot (610 m) cliff separates the Ertsberg mine (at 12,000 feet (3,700 m) elevation) from the mill (at 10,000 feet). Moving copper concentrate from that mill to the shipping port required installation of a 109-kilometre (68 mi) 1450:
payments did not go to individuals, but went into infrastructure, food, housing, fuel, travel, vehicle repairs, and allowances to cover incidental and administrative costs. According to the report, anonymous sources within the company claimed that company chairman James R. Moffet courted Indonesia's dictator
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and Kamoro peoples since it arrived in Indonesia in 1967. Freeport allegedly damaged 30.000 hectares of the rainforest and two major rivers, on which they depend for their food, water, livelihoods, and traditions. Pressured by cultural and economic deterioration, there were numerous quarrels, between
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After discovery of uranium and sulfate in the groundwater, Cyprus Tohono Corporation provided North Komelik residents with bottled water until 2003. In 2003, two new supply wells were installed six miles south of the village. The mine used various mining methods to process ore into copper, and these
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In 2013, a tunnel collapse killed twenty eight workers. The Freeport geological team claimed that the collapse at the Big Gossan tunnel was caused by erosion of the ceiling, brought about by the continuous infiltration of the limestone wallrocks by corrosive acidic groundwater. Freeport was accused
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In 2003, a landslide killed eight workers. A government study concluded that the incident was the result of negligence. Important warning signs had been detected two days prior. In response to this, management moved some equipment, but did not keep workers out of the area. A month later two workers
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also planned to take control of 51% of Freeport Indonesia's equity, effectively handing over Freeport control to the Indonesian government. The Indonesian government planned to settle payments of $ 3.85 billion during the takeover process. The Indonesian government finalized the process on December
2698:"Freeport-McMoRan Announces Agreements to Sell its Interests in TF Holdings Limited for $ 2.65 Billion in Cash and Up to $ 120 Million in Contingent Consideration; and to Enter Exclusive Negotiations for the Sale of its Interests in Freeport Cobalt and Kisanfu Exploration Project for $ 150 Million" 1462:"severely impacted" more than 11 square miles (28 km) of rainforest, according to a 1996 Dames & Moore environmental audit. The report, endorsed by Freeport, also estimated that during the life of the mine 3.2 billion tons of waste rock – large components of which generate 1413:
In 2011, Freeport was fined by the U.S. Department of Labor's Mine Safety and Health Administration over the death of a miner. The 67-year-old man had fallen into a hole created by the removal of two steel gratings. It was concluded that Freeport had not done enough to indicate that the hole was
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reported that the company paid local military and police generals, colonels, majors and captains, and military units, a total of nearly US$ 20 million between 1998 and 2004. One individual received up to US$ 150,000. The payments were meant to secure the reserve. The company responded that the
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On October 15, 2009 the City of Blackwell filed suit against Freeport-McMoRan over the contamination caused by its Blackwell Zinc Smelter. The city considered the contamination a nuisance, and alleged that 58 million pounds of toxic waste remained in the city, causing illness within its 7,200
853:– then the world's longest. Mine construction and startup cost about US$ 200 million. The Ertsberg project was an engineering marvel, but the mine's early financial performance was disappointing. Depressed copper prices and high operating costs kept profits marginal during the 1970s. 838:, the primary project contractor, called mine development at Ertsberg "the most difficult engineering project they had ever undertaken." The challenges included building a 101-kilometre (63 mi) long access road (a project that required boring kilometer long 947:'s claims of having found the largest gold mine ever discovered, in Borneo. Freeport announced that its prospective partner Bre-X did not have gold reserves at its Indonesian mine, as it had reported. Bre-X subsequently was exposed as a fraud and went bankrupt. 985:
In 2012, the company announced agreements to acquire affiliated companies McMoRan Exploration Company and Plains Exploration & Production Company for a total enterprise value of over $ 20 billion. The transaction added significantly to the company's
1352:. Since FCX had owned 70% ownership of TF Holdings, the sale gave China Molybdenum a 56% interest in Tenke Fungurume Mine. The parties discussed including Kokkola refinery and Kisanfu Exploration in the sale, but did not agree on the terms to do so. 721:, to initiate the first successful sulfur mining at Grand Ecaille, with which Freeport, like other competitors, would compete upon expiry of the Frasch patents in 1908. From its earliest inception, sulfur mining was the catalyst that developed 940:, a large fertilizer producer, acquired Freeport-McMoRan Inc., the former parent company that now owned the sulfur and fertilizer businesses, in a $ 750 million transaction. Shareholders of Freeport-McMoRan received shares of IMC Global. 994:
due to the common ownership of the companies. In 2015, the company paid a $ 137.5 million settlement to resolve claims that executives and directors had conflicts of interest that resulted in the company overpaying in that transaction.
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and "his cronies", cutting them in on deals. Another employee is said to have worked on a program to monitor environmentalists' telephone and email conversations, in collaboration with Indonesian military intelligence officers.
2344:"Freeport-McMoRan Copper & Gold Inc. to Acquire Plains Exploration & Production Company and McMoRan Exploration Co. in Transactions Totaling $ 20 Billion, Creating a Premier U.S. Based Natural Resource Company" 686:. Williams eventually gained control of the company from founder Swenson, becoming its president in 1931, with Claiborne as a Vice-President, and Whitney as Chairman. Williams also served as Chairman during 1958–1967. 1326:. AngloGold and Meridian Gold sold the mine to Queenstake Resources in 2003. In 2007 Queenstake and Yukon Gold Corp merged to become Yukon-Nevada Gold, which in 2012 became Veris Gold. Veris Gold operated under 1355:
In December 2020, Freeport completed the sale of its interests in the Kisanfu undeveloped project in Democratic Republic of Congo to a wholly owned subsidiary of China Molybdenum Co., Ltd. for US$ 550 million.
3297: 1021:. Moffett received $ 16.1 million in severance pay and cash retirement plans totaling more than $ 63 million. Moffett continued to consult for the company for annual fees of $ 1.5 million. 830:, Freeport geologists estimated that the orebody totaled 33 million tons averaging 2.5% copper, making it the largest above-ground copper deposit ever discovered. Construction of an 3524: 3497: 3470: 3443: 3416: 3389: 1344:
Co., Ltd. (CMOC) for $ 2.65 billion in cash and possibly more if the average copper price rose enough to trigger the increase in the following 24 months. TF Holdings was a Bermuda
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Freeport Cobalt held a 100% interest in Kisanfu, a copper and cobalt exploration project located near Tenke, Democratic Republic of the Congo. This subsidiary also owns a large
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In 2003, the company was subpoenaed as part of an investigation by anti-trust authorities in the United States, Canada, and Europe into price fixing in the copper industry.
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business after purchasing the assets of Southern Clays Inc. In 1964, the company formed Freeport of Australia to pursue mining opportunities there and in the surrounding
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the tribes, Freeport, and the Indonesian military. Some unarmed natives were killed or tortured by the military, or became part of the Free Papua Movement insurgence.
888: 864:("Ran"), a specialist in land-leasing and sales operations. In 1981, McMoRab would merge with Freeport Minerals, formerly Freeport Sulphur, to form Freeport-McMoRan. 3273: 4054: 856:
In 1967 The McMoRan Oil and Gas Company was founded by three partners, William Kennon McWilliams Jr. ("Mc"), James Robert (Jim Bob) Moffett ("Mo"), who were both
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led to the incorporation of a holding company on September 30, 1913, to join the newer assets with Freeport Sulphur. Officers of the new holding company,
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residents. The City of Blackwell and Freeport settled for $ 54M in February 2010. In 2012, Freeport agreed to a $ 119M settlement with the residents.
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in the 1950s. In 1955, Freeport Nickel invested $ 119 million, of which $ 100 million came from the U.S. government, into construction of a nickel-
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ranked Freeport-McMoRan 13th among corporations emitting airborne pollutants in the U.S. The ranking is based on emission quantities and toxicity.
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protections of Canada from June 9, 2014. Sprott Mining bought the concern after the Canadian bankruptcy court ordered Veris to sell its assets.
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In 1971, the company changed its name to Freeport Minerals Company, (not to be confused with Freeport Minerals Corporation, founded in 1834).
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died from being exposed to sulfur fumes. The government ultimately overturned its conclusion and attributed the incident to natural causes.
4034: 965:(for $ 25.9 Billion) and became the largest copper producer of any public company in the world. The corporate headquarters was moved from 4029: 3080: 2078: 1820: 3516: 3489: 3462: 3435: 3408: 3381: 2203: 3638: 2157: 2992:"Two companies – Wal-Mart and Freeport – are being excluded from the Norwegian Government Pension Fund – Global's investment universe" 2523: 2363: 1547:. According to the complaint waters, soils, habitats, and birds were either injured or lost as a result of the dangerous substances. 1539:
announced that Freeport McMoran would pay $ 6.8 million to settle federal and state charges pertaining to the toxic outflow from its
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mine in DRC Congo, were not successful. Instead, the Kisanfu mine was sold to China Molybdenum in a separate transaction in 2020.
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On December 28, 2015, the company announced that James R. Moffett would resign as chairman of the company and be replaced by
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was also established in Nov. 1912 to house workers, and serve as a port for Houston, rivaling Galveston and Corpus Christi.
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In 1956, the company formed the Freeport Oil Company. In 1958, the company sold an oil discovery near Lake Washington in
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excluded Freeport-McMoRan from its investment portfolio, following a recommendation from the fund's ethical council.
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In 2016, Freeport sold its deepwater assets, including the Marlin TLP, and the Holstein and Horn Mountain spars, to
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In 1967, the company negotiated a contract with the Indonesian government to develop the Ertsberg deposit. In their
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In 1928, shareholder and scion of one of the founding investment firms, John Langbourne Williams & Sons,
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In 1997, the Indonesian government asked Freeport-McMoRan to substantiate the Canadian mining company
903:. The company also sold a 25% interest in oil and gas assets primarily in the western United States to 761: 4009: 3986: 3746: 3624: 1206: 705:
In 1932, Freeport Sulphur Company acquired the sulfur rights for Lake Grande Ecaille and vicinity in
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Underground portion of Grasberg Mine in Central Papua visited by President of Indonesia Joko Widodo
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confirmed the 1936 Dutch discovery of the rich Ertsberg copper and gold deposits, now known as the
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of its entire interest in Freeport-McMoRan Copper & Gold, which owned the Grasberg mine.
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mine began in May 1970 and in mid-1973 the mine was declared fully operational. Officials at
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tax, effectively nationalizing and seizing Freeport's nickel-mining operations in Cuba.
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for control of the company. In 1929, he then sought help from his former supervisor at
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In August 2017, the company agreed to give a 51% interest in the Grasberg mine to the
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In 1989, the company sold about $ 1.5 billion in assets to finance development of the
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Citing extensive, long-term and irreversible environmental damage in New Guinea, the
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and build a smelter in exchange for a special permit to operate the mine until 2041.
827: 534: 460: 177: 3364: 2892:"Protests over fatal collapse at Freeport/Rio Tinto West Papua mine | Down to Earth" 1340:
In May 2016 Freeport announced an agreement to sell its interests in TF Holdings to
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for $ 3.1 billion. In 2015, the company announced job cuts at its Sierrita Mine in
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In 1981, Freeport Minerals Company merged with the McMoRan Oil and Gas Company.
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In December 2019, Freeport Cobalt (a joint venture between Freeport-McMoRan and
3944: 3668: 3557: 2718:"China Moly buys 95% of DRC copper-cobalt mine from Freeport for $ 550 million" 1494: 1087: 1025: 1018: 843: 710: 591: 563: 522: 487: 48: 2020: 4003: 3959: 3788: 3726: 2480: 2428: 2409: 2329: 1429: 1423: 1385: 1381: 1307: 1289: 1285: 1269: 1185: 1130: 911: 821: 808: 772: 714: 683: 495: 412: 56: 3130:"Amungme: Mountain Papuans deprived of their land | Stichting Papua Erfgoed" 2004: 1428:
The company operates the world's largest and most profitable gold mine, the
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Williams led the company's diversification, beginning with the purchase of
650:, First National Bank of Richmond, Virginia vice-president, W. M. Addison, 550: 533:
Eric. P. Swenson, President and Director (Freeport Sulphur founder, son of
2679:"Miner Freeport says no plans to sell Congo cobalt asset as buyers circle" 950:
In 1998, low commodity prices forced the company to suspend its dividend.
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Brimstone, The Stone That Burns: The Story Of The Frasch Sulphur Industry
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Freeport Sulphur Company was founded July 12, 1912, by the eldest son of
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through two mountains) and constructing the world's longest single span
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In 1981, the company formed a 70/30 joint venture with an affiliate of
768: 476: 400: 339: 264: 214: 74: 3603: 3274:"Oklahoma City Reaches $ 54 MillionSettlement Over Zinc Contamination" 69: 3969: 2622:"Freeport Kembali ke Pangkuan Ibu Pertiwi Pertengahan Desember 2018?" 1470:(waste rock) from the mine had already polluted a nearby lake due to 1323: 987: 970: 900: 757: 750: 690: 521:
Enterprise to support Freeport Sulphur's business and the new town's
472: 408: 2916:"Freeport-McMoran: Corporate Rap Sheet | Corporate Research Project" 1306:
has produced over 8 million ounces of gold since 1981. Originally a
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In May 2016, the company sold a 13% interest in its Morenci Mine to
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had enjoyed a monopoly on the process. The company became known as
37: 2524:"Freeport to Give Indonesia a Majority Stake in Its Grasberg Mine" 1777:, Poor's Publishing Company, 1922, p. 758. Accessed March 2, 2018. 1696:. Princeton, N.J.: D. Van Norstrand Company, Inc. pp. 75–85. 1485:
of negligence by the Indonesian National Human Rights Commission.
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subsidiary). Minorco later divested all its gold mining assets to
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The assassinations: Probe magazine on JFK, MLK, RFK and Malcolm X
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and the Main Pass offshore sulfur-oil-gas deposit off Louisiana.
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In 1922, Freeport started producing sulfur from Hoskins Mound in
2497:"Indonesia takes majority stake in Freeport-McMoRan copper mine" 2386:"Freeport-McMoRan in $ 137.5 million settlement over purchases" 1466: – would be dumped into the local river system. 1134: 1118: 1102: 1075: 1003: 847: 804: 742: 738: 734: 468: 464: 404: 204: 92: 2795:"Atlantic Copper green credentials recognised by Spain's BBVA" 1946:, Pelican Publishing, 1998, p. 49. Retrieved October 11, 2018. 439:
The current company was created in 1981 through the merger of
2364:"Freeport's Deals Epitomize Industry's Conflicts of Interest" 1806:"John Hay Whitney Dies at 77; Publisher Led in Many Fields", 1245: 944: 284: 88: 2749:. Johannesburg, South Africa: Creamer Media. 2 December 2019 2743:"Freeport-McMoran and Lundin complete Finland refinery sale" 2138:"A Gold Rush in Nevada's Hills is Spurred by New Technology" 1981: 1979: 1877:, by James DiEugenio, Lisa Pease and Judge Joe Brown, 2003. 467:
Eric Pierson Swenson, with a group of investors, to develop
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people. Freeport has had a troubled relationship with the
3894: 3510:"Freeport-McMoRan Inc's Sustainability Report for 2020Q4" 3483:"Freeport-McMoRan Inc's Sustainability Report for 2020Q4" 3456:"Freeport-McMoRan Inc's Sustainability Report for 2020Q4" 3429:"Freeport-McMoRan Inc's Sustainability Report for 2020Q4" 3402:"Freeport-McMoRan Inc's Sustainability Report for 2019Q4" 3375:"Freeport-McMoRan Inc's Sustainability Report for 2020Q4" 2854:"Going Private: Canadian billionaire buys Jerritt Canyon" 2269: 1976: 1853:"Langbourne Williams Is Dead; Retired Businessman Was 91" 1145:. FCX held an effective 56% interest in that enterprise. 797: 490:, the patents for which had expired in 1912. Previously, 187: 1898:
Sulfur: History, Technology, Applications & Industry
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Some of the company's mining operations are as follows:
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accounted for 13% of the total revenues of the company.
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Swann, Christopher; Allison, Kevin (December 5, 2012).
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The new corporation's principal assets were listed as:
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Methodology: FY2010/11 revenues of over US$ 5 billion
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Earth Observatory Satellite Picture of Grasberg Mine"
3011:"28 bodies recovered after Indonesia tunnel collapse" 2851: 600:, Director (son of late Virginia Senator, Brig. Gen. 546:
Swante M. Swenson, Treasurer (son of Eric P. Swenson)
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Freeport mined sulfur along the Gulf Coast using the
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Non-renewable resource companies established in 1912
3547: 2308:"U.S., Europe and Canada Investigate Copper Pricing" 2247:"IMC to Buy Freeport-McMoran Inc. for $ 750 Million" 661: 1987:"Moa Bay Cuba – Nickel Mine Sherritt International" 1488: 3224:"Newscow - Oklahoma town suing over contamination" 2939:Perlez, Jane; Bonner, Raymond (27 December 2005). 2545: 2522: 2495: 2362: 2073: 2071: 1960: 1958: 1956: 1954: 1952: 933:, made a $ 450 million investment in the company. 639:SociĂ©tĂ© pour l'Importation et la Vente des Soufres 2820:"A growing mid-tier North American gold producer" 1931:"History of Sulphur". Retrieved October 11, 2018. 1501:Voluntary Principles on Security and Human Rights 1045:In 2018, the company ranked at number 176 on the 399:. The company is the world's largest producer of 365: 4001: 3348:"Polluting Copper Mine|Fined $ 6.8 Million" 2695: 1721:. Austin, TX: Texas State Historical Association 1668:. Austin, TX: Texas State Historical Association 540:Edward E. Dickinson, Vice-President and Director 4055:Companies listed on the New York Stock Exchange 2965: 2963: 2653:"Freeport-McMoRan 2019 Form 10-K Annual Report" 2158:"Freeport-McMoRan will acquire Midlands Energy" 2068: 1949: 1627:"Freeport-McMoRan 2023 Form 10-K Annual Report" 2941:"Below a Mountain of Wealth, a River of Waste" 2457:"Moffett resigns as Freeport-McMoRan chairman" 1499:The company is a signatory participant of the 1292:, Indonesia – 49% owned (copper, gold, silver) 3831: 3632: 2676: 1049:list. During this year, Indonesian President 895:. In 1985, the company headquarters moved to 775:, in extremely rugged, remote country in the 391:, is an American mining company based in the 4020:Copper mining companies of the United States 3055:"Big Gossan Collapse: Learning from Tragedy" 2960: 2938: 2360: 2109:. Detroit, MI: St. James Press. p. 83. 2106:International directory of company histories 1642: 1640: 1070:Freeport is the world's largest producer of 998:In 2014, the company sold its assets in the 990:assets. The transaction was criticized as a 2034: 2032: 2030: 1846: 1844: 4025:Gold mining companies of the United States 3845: 3838: 3824: 3639: 3625: 2712: 2710: 1775:Poor's Government and Municipal Supplement 1654:, Poor's Publishing Company, 1922, p. 760. 1652:Poor's Government and Municipal Supplement 1633:. 16 February 2024. pp. 27, 120, 123. 678:, J.T. Claiborne, who then enlisted clerk 590:Sidell Tilghman, Director (son of General 407:producer and operates the world's largest 36: 3579:Business data for Freeport-McMoRan Inc.: 2493: 2204:"Freeport-McMoran Is Selling More Assets" 1637: 516: 2027: 1841: 1685: 1683: 1061: 961:On March 19, 2007, the company acquired 426: 3154:"The Mining Menace of Freeport-McMoRan" 2707: 2543: 2383: 2244: 2009:Chemical & Engineering News Archive 1850: 1716: 1663: 1631:U.S. Securities and Exchange Commission 1515: 621:Freeport Sulphur Transportation Company 502:, later changing its corporate name to 14: 4040:American companies established in 1912 4002: 2852:Marianne Kobak McKown (Jun 26, 2015). 2647: 2645: 2643: 2641: 2384:Stempel, Jonathan (January 15, 2015). 2305: 1894: 1790:The Commercial and Financial Chronicle 1758:The Commercial and Financial Chronicle 1742:"The Economics of the Sulphur Industry 1689: 556:Richard H. Williams, Director (son of 4015:Mining companies of the United States 3819: 3620: 3008: 2969: 2932: 2792: 2520: 2454: 1895:Kutney, Gerald (September 12, 2007). 1680: 1664:Kleiner, Diana J. (22 October 2020). 1359: 1057: 553:and his third wife, Mary Ellen Smith) 3646: 3182:Political Economy Research Institute 2847: 2845: 2494:Sanderson, Henry (August 29, 2017). 2102: 1851:Holusha, John (September 14, 1994). 1567:(Direct + Indirect) (in kilotonnes) 1563:Freeport-McMoRan Inc's annual Total 1555:Freeport-McMoRan Inc reported Total 1522:Political Economy Research Institute 1332:Companies’ Creditors Arrangement Act 549:Charles H. Findlay, Auditor (son of 4035:Companies based in Phoenix, Arizona 2677:Nicole Mordan (February 26, 2018). 2638: 2245:Myerson, Allen R. (July 29, 1997). 1717:Kleiner, Diana J. (27 April 2019). 1619: 1550: 922:In 1994, the company completed the 816:Development of the Ertsberg deposit 760:for approximately $ 100 million to 630:Freeport Light, Water & Ice Co. 24: 4030:Oil companies of the United States 3247: 2793:Desai, Pratima (30 October 2019). 2619: 2544:Rachman, Anita (August 29, 2017). 2432:. November 5, 2015. Archived from 1944:Louisiana: The Land and Its People 1348:with indirect ownership of 80% of 25: 4066: 3532: 3210:"CYPRUS TOHONO MINE Site Profile" 3196:"CYPRUS TOHONO MINE Site Profile" 3106:"REPRESSIVE MINING IN WEST PAPUA" 2842: 2455:Wiles, Russ (December 28, 2015). 1479:Government Pension Fund of Norway 1228:– 100% owned (copper, molybdenum) 1160:– 100% owned (copper, molybdenum) 803:In 1961, the company entered the 749:, and a refinery at Port Nickel, 662:1928–1931 shareholder proxy fight 451:, becoming Freeport-McMoRan Inc. 3981: 3980: 3564: 3550: 2970:Bryce, Robert (September 1996). 2696:Freeport McMoRan (May 9, 2016). 2510:from the original on 2022-12-10. 1666:"Freeport, TX (Brazoria County)" 1489:Human rights record in Indonesia 1417: 1408: 1403: 1296: 1258:– 54% owned (copper, molybdenum) 1238: 1148: 454: 311: 310: 291: 290: 271: 270: 251: 250: 228: 227: 3502: 3475: 3448: 3421: 3394: 3340: 3315: 3290: 3266: 3241: 3216: 3202: 3188: 3170: 3146: 3122: 3098: 3073: 3047: 3002: 2984: 2908: 2884: 2860: 2812: 2786: 2761: 2735: 2689: 2670: 2613: 2589: 2560: 2537: 2514: 2487: 2469: 2448: 2416: 2398: 2377: 2354: 2336: 2318: 2299: 2277: 2257: 2238: 2220: 2196: 2176: 2150: 2130: 2096: 2079:"Opening the Ertsberg District" 2052: 1997: 1934: 1915: 1888: 1865: 1813: 1795: 1310:of Freeport McMoRan (FCX) with 1082:, and 8% were from the sale of 929:In 1995, RTZ, a predecessor of 646:In 1919, minority stockholders 431:Freeport Sulphur No.6 entering 376:Footnotes / references 2521:Emont, Jon (August 29, 2017). 2040:"Freeport McMoRan: A Timeline" 2005:"Freeport Closes Shop in Cuba" 1780: 1763: 1748: 1733: 1710: 1657: 668:Langbourne Meade Williams, Jr. 642:Houston & Brazoz Valley Ry 607:Charles E. Herrmann, Director. 445:Texas Freeport Sulphur Company 13: 1: 3865:Aluminum Corporation of China 3250:"Blackwell settles zinc suit" 2996:Norwegian Ministry of Finance 2896:www.downtoearth-indonesia.org 2658:. 15 February 2019. p. 5 2306:Meller, Paul (May 15, 2003). 2023:– via ACS Publications. 2015:(11): 23–25. March 14, 1960. 1613: 575:Charles P. Northrop, Director 449:McMoRan Oil & Gas Company 328: 4050:1912 establishments in Texas 3226:. 2008-05-30. Archived from 2228:"Shares Sold in Mining Unit" 1279: 1078:, 11% were from the sale of 779:in what was then called the 461:Svante Magnus "E.M." Swenson 104:; 112 years ago 7: 1821:"John Hay Whitney Elevated" 1364:Past board members include 1262: 648:John R. Williams & Sons 350:PT Freeport Indonesia (49%) 120:Eric Pierson Swenson, et al 10: 4071: 3009:Staff, CNN (21 May 2013). 2162:United Press International 1744:, Routledge, 2016, p. 204. 1492: 1421: 1320:Anglo American Corporation 1302:Jerritt Canyon mine, near 819: 762:Magnolia Petroleum Company 494:founder and patent-holder 422: 3978: 3860: 3851: 3801: 3781: 3760: 3704: 3697: 3677: 3661: 3654: 2285:"Freeport Drops Dividend" 2021:10.1021/cen-v038n011.p023 1911:– via Google Books. 1690:Haynes, Williams (1959). 1213:– 100% owned (molybdenum) 1207:Henderson molybdenum mine 1203:– 100% owned (molybdenum) 1124: 1096: 1028:for $ 1 billion in cash. 633:South Texas Stevedore Co. 374: 360: 338: 322: 302: 282: 262: 242: 223: 197: 156: 146: 124: 116: 98: 84: 54: 44: 35: 2856:. Elko Daily Free Press. 1537:US Department of Justice 1520:Based on 2014 data, the 980: 953: 917: 889:Jerritt Canyon gold mine 875: 867: 786: 737:during World War II and 728: 700: 676:Lee, Higginson & Co. 353:PT Irja Eastern Minerals 3875:Anglo American Platinum 3807:Freeport-McMoRan Center 2553:The Wall Street Journal 2265:"No gold at Bre-X site" 1991:www.estainlesssteel.com 1970:www.fundinguniverse.com 1396:and his cousin-in-law, 1040:Government of Indonesia 723:Port Sulphur, Louisiana 393:Freeport-McMoRan Center 130:Freeport-McMoRan Center 27:American mining company 3846:Major mining companies 3414:on September 18, 2020. 3352:www.courthousenews.com 3061:. Jakarta. 29 May 2013 1901:. ChemTec Publishing. 1226:Santa Rita, New Mexico 1067: 1010:due to low copper and 781:Netherlands New Guinea 624:Freeport Town Site Co. 527:Freeport Texas Company 517:Freeport Texas Company 511:Brazoria County, Texas 471:mining at Bryan Mound 436: 3278:news.bloomberglaw.com 2977:Mother Jones Magazine 2920:www.corp-research.org 2065:, September 14, 1994. 1234:– 100% owned (copper) 1182:– 100% owned (copper) 1166:– 100% owned (copper) 1065: 733:The company produced 719:Union Sulphur Company 627:Freeport Terminal Co. 492:Union Sulphur Company 430: 385:Freeport-McMoRan Inc. 347:Atlantic Copper, S.A. 31:Freeport-McMoRan Inc. 18:Freeport-McMoRan Inc. 3302:www.businesswire.com 3134:www.papuaerfgoed.org 2462:The Arizona Republic 2436:on February 28, 2018 2332:. November 19, 2006. 2295:. December 10, 1998. 2216:. December 18, 1990. 2103:Hast, AdĂ©le (1991). 2048:. November 10, 1995. 2045:The Austin Chronicle 1516:Environmental record 1458:The Grasberg mine's 1378:Benno C. Schmidt Sr. 1350:Tenke Fungurume Mine 1328:U.S. Bankruptcy Code 1272:– 100% owned copper 1248:– 51% owned (copper) 1172:– 72% owned (copper) 1115:Tenke Fungurume Mine 992:conflict of interest 907:for $ 73.5 million. 858:petroleum geologists 777:Jayawijaya Mountains 543:F.M. Altz, Secretary 3920:Hindalco Industries 3678:President & CEO 2824:Jerritt Canyon Gold 2350:. December 5, 2012. 2164:. 13 September 1984 1810:, February 9, 1982. 1568: 1535:In April 2012, the 1394:Godfrey Rockefeller 1201:Leadville, Colorado 558:Richard H. Williams 324:Number of employees 32: 3930:The Mosaic Company 3248:PALMER, JENNIFER. 3039:has generic name ( 2946:The New York Times 2568:"Freeport-McMoRan" 2530:The New York Times 2370:The New York Times 2312:The New York Times 2289:The New York Times 2251:The New York Times 2232:The New York Times 2209:The New York Times 2189:The New York Times 2184:"Freeport-Britoil" 2143:The New York Times 1927:2020-08-04 at the 1858:The New York Times 1826:The New York Times 1562: 1472:acid mine drainage 1446:The New York Times 1360:Past board members 1232:Tyrone, New Mexico 1068: 1058:Current operations 1033:Anadarko Petroleum 924:corporate spin-off 796:implemented a 25% 767:In 1959, Freeport 707:Plaquemines Parish 636:La Espuela Oil Co. 585:Frank A. Vanderlip 437: 30: 3994: 3993: 3880:AngloGold Ashanti 3813: 3812: 3797: 3796: 3693: 3692: 3522:on June 24, 2021. 3495:on June 24, 2021. 3468:on June 24, 2021. 3441:on June 24, 2021. 3387:on June 24, 2021. 2479:(Press release). 2408:(Press release). 2346:(Press release). 2328:(Press release). 2192:. March 21, 1985. 2146:. April 22, 1981. 1941:Culbertson, Manie 1719:"Sulfur Industry" 1611: 1610: 1268:Atlantic Copper, 828:feasibility study 745:mine at Moa Bay, 713:developed by Dr. 652:Benjamin P Alsopp 535:Swante M. Swenson 504:Freeport Minerals 441:Freeport Minerals 382: 381: 178:Kathleen L. Quirk 16:(Redirected from 4062: 4010:Freeport-McMoRan 3987:Mining companies 3984: 3983: 3905:Freeport-McMoRan 3840: 3833: 3826: 3817: 3816: 3702: 3701: 3685:Richard Adkerson 3659: 3658: 3648:Freeport-McMoRan 3641: 3634: 3627: 3618: 3617: 3574: 3572:Companies portal 3569: 3568: 3567: 3560: 3555: 3554: 3553: 3544: 3543: 3541:Official website 3527: 3523: 3521: 3515:. 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Archived from 2075: 2066: 2056: 2050: 2049: 2036: 2025: 2024: 2001: 1995: 1994: 1983: 1974: 1973: 1962: 1947: 1938: 1932: 1919: 1913: 1912: 1892: 1886: 1869: 1863: 1862: 1848: 1839: 1838: 1836: 1834: 1817: 1811: 1799: 1793: 1784: 1778: 1767: 1761: 1752: 1746: 1737: 1731: 1730: 1728: 1726: 1714: 1708: 1707: 1687: 1678: 1677: 1675: 1673: 1661: 1655: 1644: 1635: 1634: 1623: 1569: 1561: 1551:Carbon footprint 1434:Papua, Indonesia 1390:J. Stapleton Roy 1374:Robert A. Lovett 1370:John Hay Whitney 1342:China Molybdenum 1211:Empire, Colorado 1180:Safford, Arizona 1170:Morenci, Arizona 1111:China Molybdenum 975:Phoenix, Arizona 695:Oriente Province 680:John Hay Whitney 618:Freeport Gas Co. 615:Freeport Sulphur 579:Charles A. Stone 570:Samuel McRoberts 500:Freeport Sulphur 417:Papua, Indonesia 397:Phoenix, Arizona 370: 367: 333: 330: 317: 316:US$ 27.3 billion 314: 313: 307: 297: 296:US$ 52.5 billion 294: 293: 287: 277: 276:US$ 1.85 billion 274: 273: 257: 256:US$ 6.23 billion 254: 253: 245:Operating income 237: 231: 230: 166:Richard Adkerson 136:Phoenix, Arizona 132: 112: 110: 105: 40: 33: 29: 21: 4070: 4069: 4065: 4064: 4063: 4061: 4060: 4059: 4000: 3999: 3997: 3995: 3990: 3974: 3965:Southern Copper 3925:Impala Platinum 3856: 3847: 3844: 3814: 3809: 3793: 3777: 3756: 3689: 3673: 3650: 3645: 3608: 3570: 3565: 3563: 3556: 3551: 3549: 3539: 3538: 3535: 3530: 3519: 3512: 3508: 3507: 3503: 3492: 3485: 3481: 3480: 3476: 3465: 3458: 3454: 3453: 3449: 3438: 3431: 3427: 3426: 3422: 3411: 3404: 3400: 3399: 3395: 3384: 3377: 3373: 3372: 3365: 3356: 3354: 3346: 3345: 3341: 3332: 3330: 3321: 3320: 3316: 3307: 3305: 3296: 3295: 3291: 3282: 3280: 3272: 3271: 3267: 3258: 3256: 3246: 3242: 3233: 3231: 3222: 3221: 3217: 3208: 3207: 3203: 3194: 3193: 3189: 3176: 3175: 3171: 3162: 3160: 3152: 3151: 3147: 3138: 3136: 3128: 3127: 3123: 3114: 3112: 3104: 3103: 3099: 3090: 3088: 3079: 3078: 3074: 3064: 3062: 3053: 3052: 3048: 3036: 3035: 3026: 3025: 3019: 3017: 3007: 3003: 2998:. June 6, 2006. 2990: 2989: 2985: 2972:"Spinning Gold" 2968: 2961: 2951: 2949: 2937: 2933: 2924: 2922: 2914: 2913: 2909: 2900: 2898: 2890: 2889: 2885: 2876: 2874: 2866: 2865: 2861: 2850: 2843: 2833: 2831: 2830:on 26 June 2020 2818: 2817: 2813: 2803: 2801: 2791: 2787: 2777: 2775: 2767: 2766: 2762: 2752: 2750: 2741: 2740: 2736: 2727: 2725: 2716: 2715: 2708: 2694: 2690: 2675: 2671: 2661: 2659: 2655: 2651: 2650: 2639: 2630: 2628: 2618: 2614: 2605: 2603: 2595: 2594: 2590: 2581: 2579: 2566: 2565: 2561: 2542: 2538: 2519: 2515: 2503:Financial Times 2492: 2488: 2483:. May 31, 2016. 2475: 2474: 2470: 2453: 2449: 2439: 2437: 2422: 2421: 2417: 2404: 2403: 2399: 2382: 2378: 2359: 2355: 2342: 2341: 2337: 2324: 2323: 2319: 2304: 2300: 2283: 2282: 2278: 2263: 2262: 2258: 2243: 2239: 2234:. May 13, 1995. 2226: 2225: 2221: 2202: 2201: 2197: 2182: 2181: 2177: 2167: 2165: 2156: 2155: 2151: 2136: 2135: 2131: 2121: 2119: 2117: 2101: 2097: 2088: 2086: 2077: 2076: 2069: 2057: 2053: 2038: 2037: 2028: 2003: 2002: 1998: 1985: 1984: 1977: 1964: 1963: 1950: 1939: 1935: 1929:Wayback Machine 1922:City of Sulphur 1920: 1916: 1909: 1893: 1889: 1870: 1866: 1849: 1842: 1832: 1830: 1829:. 24 March 1934 1819: 1818: 1814: 1800: 1796: 1785: 1781: 1768: 1764: 1753: 1749: 1740:Hazleton, Jared 1738: 1734: 1724: 1722: 1715: 1711: 1704: 1688: 1681: 1671: 1669: 1662: 1658: 1645: 1638: 1625: 1624: 1620: 1616: 1553: 1518: 1497: 1491: 1426: 1420: 1411: 1406: 1366:Henry Kissinger 1362: 1346:holding company 1312:FMC Corporation 1299: 1282: 1265: 1241: 1158:Bagdad, Arizona 1151: 1127: 1099: 1060: 983: 956: 931:Rio Tinto Group 920: 887:to operate the 885:FMC Corporation 878: 870: 824: 818: 789: 731: 703: 664: 598:Eppa Hunton Jr. 519: 481:Freeport, Texas 475:, along the US 457: 433:Freeport, Texas 425: 387:, often called 378: 364: 356: 331: 325: 315: 303: 295: 283: 275: 267: 255: 247: 232: 219: 193: 159: 149: 142: 138: 128: 108: 106: 103: 80: 59: 28: 23: 22: 15: 12: 11: 5: 4068: 4058: 4057: 4052: 4047: 4042: 4037: 4032: 4027: 4022: 4017: 4012: 3992: 3991: 3979: 3976: 3975: 3973: 3972: 3967: 3962: 3957: 3952: 3947: 3942: 3937: 3932: 3927: 3922: 3917: 3912: 3907: 3902: 3897: 3892: 3887: 3882: 3877: 3872: 3870:Anglo American 3867: 3861: 3858: 3857: 3852: 3849: 3848: 3843: 3842: 3835: 3828: 3820: 3811: 3810: 3805: 3803: 3802:Related topics 3799: 3798: 3795: 3794: 3792: 3791: 3785: 3783: 3779: 3778: 3776: 3775: 3770: 3764: 3762: 3758: 3757: 3755: 3754: 3749: 3744: 3739: 3734: 3729: 3724: 3719: 3714: 3708: 3706: 3699: 3695: 3694: 3691: 3690: 3688: 3687: 3681: 3679: 3675: 3674: 3672: 3671: 3669:Gerald J. Ford 3665: 3663: 3656: 3652: 3651: 3644: 3643: 3636: 3629: 3621: 3615: 3614: 3609: 3607: 3606: 3601: 3596: 3591: 3586: 3580: 3576: 3575: 3561: 3558:Arizona portal 3546: 3545: 3534: 3533:External links 3531: 3529: 3528: 3501: 3474: 3447: 3420: 3393: 3363: 3339: 3314: 3289: 3265: 3240: 3230:on 30 May 2008 3215: 3201: 3187: 3169: 3145: 3121: 3097: 3072: 3046: 3001: 2983: 2959: 2931: 2907: 2883: 2859: 2841: 2811: 2785: 2760: 2734: 2706: 2688: 2669: 2637: 2612: 2588: 2559: 2536: 2513: 2486: 2468: 2447: 2415: 2412:. May 7, 2014. 2397: 2376: 2353: 2335: 2317: 2298: 2276: 2273:. May 5, 1997. 2256: 2237: 2219: 2195: 2175: 2149: 2129: 2115: 2095: 2067: 2063:New York Times 2051: 2026: 1996: 1975: 1948: 1933: 1914: 1907: 1887: 1872:Peas, L, et al 1864: 1840: 1812: 1808:New York Times 1794: 1787:Dana & Co. 1779: 1762: 1755:Dana & Co. 1747: 1732: 1709: 1702: 1679: 1656: 1636: 1617: 1615: 1612: 1609: 1608: 1605: 1602: 1599: 1596: 1593: 1589: 1588: 1585: 1582: 1579: 1576: 1573: 1565:CO2e emissions 1557:CO2e emissions 1552: 1549: 1517: 1514: 1495:Papua Conflict 1493:Main article: 1490: 1487: 1422:Main article: 1419: 1416: 1410: 1407: 1405: 1402: 1361: 1358: 1357: 1356: 1353: 1338: 1298: 1295: 1294: 1293: 1281: 1278: 1277: 1276: 1264: 1261: 1260: 1259: 1249: 1240: 1237: 1236: 1235: 1229: 1215: 1214: 1204: 1190: 1189: 1183: 1173: 1167: 1164:Miami, Arizona 1161: 1150: 1147: 1126: 1123: 1098: 1095: 1088:Gresik Regency 1059: 1056: 1026:Sumitomo Group 1019:Gerald J. Ford 982: 979: 955: 952: 919: 916: 877: 874: 869: 866: 844:aerial tramway 820:Main article: 817: 814: 813: 812: 801: 788: 785: 730: 727: 711:Frasch Process 702: 699: 663: 660: 644: 643: 640: 637: 634: 631: 628: 625: 622: 619: 616: 609: 608: 605: 595: 592:Lloyd Tilghman 588: 582: 576: 573: 567: 564:Harry K. Knapp 561: 554: 547: 544: 541: 538: 523:infrastructure 518: 515: 488:Frasch Process 456: 453: 435:, harbor, 1923 424: 421: 380: 379: 372: 371: 362: 358: 357: 355: 354: 351: 348: 344: 342: 336: 335: 326: 323: 320: 319: 308: 300: 299: 288: 280: 279: 268: 263: 260: 259: 248: 243: 240: 239: 225: 221: 220: 218: 217: 212: 207: 201: 199: 195: 194: 192: 191: 180: 175: 168: 162: 160: 157: 154: 153: 150: 147: 144: 143: 140: 134: 126: 122: 121: 118: 114: 113: 100: 96: 95: 86: 82: 81: 79: 78: 72: 62: 60: 55: 52: 51: 46: 42: 41: 26: 9: 6: 4: 3: 2: 4067: 4056: 4053: 4051: 4048: 4046: 4043: 4041: 4038: 4036: 4033: 4031: 4028: 4026: 4023: 4021: 4018: 4016: 4013: 4011: 4008: 4007: 4005: 3998: 3989: 3988: 3977: 3971: 3968: 3966: 3963: 3961: 3958: 3956: 3953: 3951: 3948: 3946: 3943: 3941: 3938: 3936: 3933: 3931: 3928: 3926: 3923: 3921: 3918: 3916: 3913: 3911: 3908: 3906: 3903: 3901: 3898: 3896: 3893: 3891: 3888: 3886: 3883: 3881: 3878: 3876: 3873: 3871: 3868: 3866: 3863: 3862: 3859: 3855: 3850: 3841: 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Index

Freeport-McMoRan Inc.

Public
Traded as
NYSE
FCX
S&P 500
Metals
Mining
Freeport-McMoRan Center
Phoenix, Arizona
Richard Adkerson
Chairman
Kathleen L. Quirk
President
CEO
Copper
Gold
Molybdenum
US$
Operating income
Net income
Total assets
Total equity
Subsidiaries
fcx.com
Freeport-McMoRan Center
Phoenix, Arizona
molybdenum
copper

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