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30 Jul
12:44

COPPER: Freeport copper production jumps in Q2

US-based Freeport-McMoRan (FCX) saw its copper production and sales improve year-on-year in the second quarter, Kallanish learns from the company's latest earnings report.  Q2 total output reached 913 million pounds or 19% higher y-o-y. Production from the seven open-pit copper mines in North America was 2.2% less y-o-y to 360m lb. Meanwhile, sales amounted to 389m lb, 5.7% more than in the same period in 2020, reflecting the timing of shipments. No…
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