Sun. May 19th, 2024

Chuquicamata, biggest open pit copper mine, Calama, Chile

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Fiscal Year 2024: Aggressive Guidance Update

Freeport’s (NYSE:FCX) management surprised us with upbeat guidance for 2024 above January estimates:

The sales outlook remained similar at 4.15 billion lbs. Still, the site production and delivery costs$2.37/lb

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