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Freeport-McMoRan (XTER:FPMB) Inventories, Inventories Adjustments : €0 Mil (As of Sep. 2024)


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What is Freeport-McMoRan Inventories, Inventories Adjustments?

Freeport-McMoRan's Inventories, Inventories Adjustments for the quarter that ended in Sep. 2024 was €0 Mil.

Freeport-McMoRan Inventories, Inventories Adjustments Historical Data

The historical data trend for Freeport-McMoRan's Inventories, Inventories Adjustments can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
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Freeport-McMoRan Inventories, Inventories Adjustments Chart

Freeport-McMoRan Annual Data
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Inventories, Inventories Adjustments
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Freeport-McMoRan Quarterly Data
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Freeport-McMoRan Inventories, Inventories Adjustments Calculation

Inventories, Inventories Adjustments represents certain charges made in the current period in inventory resulting from breakage, spoilage, employee theft and shoplifting, etc.

Freeport-McMoRan Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Freeport-McMoRan Inc (XTER:FPMB) » Definitions » Inventories, Inventories Adjustments
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SCCO IE MTAL COPR LSE:ANTO LIM:CVERDEC1 TSX:FM SHSE:600362 TSX:LUN SZSE:000630 WAR:KGH HKSE:01208 SZSE:000878 TSX:HBM SZSE:002203 BOM:513599 ASX:SFR HKSE:01258 SHSE:601137 SZSE:000737
Traded in Other Exchanges
FCX:USA FCX:Peru FCX:Mexico 1FCX:Italy FPMBd:UK 0R2O:UK FPMB:Germany FPMB:Germany FCX:Chile FCXO34:Brazil FCX:Austria FCX:Argentina
Address
333 North Central Avenue, Phoenix, AZ, USA, 85004-2189
Website
https://www.fcx.com
Freeport-McMoRan owns stakes in 10 copper mines, led by its 49% ownership of the Grasberg copper and gold operations in Indonesia, 55% of the Cerro Verde mine in Peru, and 72% of Morenci in Arizona. It sold around 1.2 million metric tons of copper (its share) in 2023, making it the one of the world's largest copper miners by volume. It also sold about 900,000 ounces of gold, mostly from Grasberg, and 70 million pounds of molybdenum. About 75% of 2023 revenue was from copper, with a further 15% from gold and about 10% from molybdenum. It had about 25 years of copper reserves at end December 2023. we expect it to sell similar amounts of copper midcycle in 2028, though we expect gold volumes to decline to about 700,000 ounces then due to falling production at Grasberg.

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