FCX

Freeport-McMoRan Inc. (NYSE:FCX) is one of the world's largest publicly traded copper mining companies, founded in 1987 and headquartered in Phoenix, Arizona. The company emerged from the merger of Freeport Minerals Company and McMoRan Oil & Gas Company, with its roots tracing back to the early 20th century sulfur mining operations in Louisiana. Today, Freeport-McMoRan operates major mining assets across three continents, including the massive Grasberg minerals district in Indonesia, multiple copper mines throughout the southwestern United States, and operations in South America. The company has evolved from a diversified mining and oil company into a focused copper producer, divesting its oil and gas assets in recent years to concentrate on meeting the growing global demand for copper driven by electrification and renewable energy infrastructure.