Freeport-McMoRan Inc (FCX) Q2 2025 (USD): Adj. EPS 0.54 (exp. 0.46), Revenue 7.582bln (exp. 7.25bln), Q2 costs not significantly impacted by US tariffs
Production and Sales
- Q2 consolidated production totalled 963mln pounds of copper, 317k ounces of gold and 22mln pounds of molybdenum.
- Consolidated sales totalled 1.0bln pounds of copper, 522l ounces of gold and 22mln pounds of molybdenum.
- For FY25, FCX expects to sell 1.3bln pounds of copper from its US mining operations.
Commentary
- Commenced start-up activities at new Indonesia smelter in May 2025; expect first production of copper cathode in July 2025.
- Estimates tariffs could have potential to increase costs of goods it purchases in US by about 5%.
23 Jul 2025 - 13:02- Metals- Source: Freeport McMoran
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