Freeport-McMoRan forecasts 2026 copper sales of 3.1 billion lbs

Freeport-McMoRan, Inc.

Freeport-McMoRan, Inc.

FCX

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  • Freeport forecast 2026 copper sales of 3.1 billion lbs, with gold sales of 650,000 oz.
  • Full-year unit net cash cost of copper expected at USD 1.95 per lb, with site production and delivery costs forecast at USD 3.18 per lb.
  • Capital expenditures projected at USD 4.3 billion, including USD 3 billion for major projects.
  • Operating cash flows for 2Q26-4Q26 estimated at about USD 8.7 billion assuming USD 6 per lb copper, USD 4,500 per oz gold, USD 25 per lb molybdenum.
  • Guidance assumes deferrals of about 100 million lbs of copper sales tied to inventory held at PTFI smelting operations.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Freeport-McMoRan Inc. published the original content used to generate this news brief on April 23, 2026, and is solely responsible for the information contained therein.