Freeport-McMoRan Copper & Gold Inc. · Phoenix, AZ United States ·(NYSE: FCX)
Company Description
Phone: 602-366-8100
Rankings
- #317 in FT Global 500
- #146 in FORTUNE 500
- S&P 500
View Freeport-McMoRan Copper & Gold Inc. Locations On A US Map
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This link will open in a new window Freeport-McMoRan Copper & Gold (FCX) really digs its profits. Its 91%-owned subsidiary, PT Freeport Indonesia (PT-FI), operates the vast open-pit Grasberg gold, copper, and silver mine in Indonesia, whose government owns the other 9%. FCX controls proved and probable reserves of about 100 billion pounds of copper, 40 million ounces of gold, and 2.5 billion pounds of molybdenum. Copper, in the form of concentrates and in refined products such as cathodes and anodes, accounts for most of FCX's sales. It's the world's #2 copper company behind Codelco . FCX is also engaged in smelting and refining through PT-FI's 25% stake in PT Smelting, which operates a copper smelter and refinery in Indonesia. To read the full description, subscribe now.
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Key Freeport-McMoRan Copper & Gold Inc. Financials
| Company Type | Public - NYSE: FCX Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $17,796.0 |
| 2008 Employees | 29,300 |
Freeport-McMoRan Copper & Gold Inc. Executives
31 executives listed for Freeport-McMoRan Copper & Gold Inc.'s Phoenix, AZ location.
| Title | Name & Bio | Contact |
| Chairman; President Commissioner, PT Freeport Indonesia | James Moffett | Network |
| Vice Chairman | B. M. Rankin | Network |
| President, CEO, and Director | Richard Adkerson | Network |
Competition
Competitive Landscape for Freeport-McMoRan Copper & Gold Inc.
Demand comes largely from the manufacturers of durable goods like motor vehicles, machinery, containers, and construction steel. The profitability of individual companies depends largely on efficient operations, because most products are commodities sold based on price. Big companies have large economies of scale in production. Accordingly, most producers of secondary products buy raw metal from the large producers. Small companies can compete by operating efficient local mini-mills or producing specialty products. The industry is capital-intensive: average annual revenue per worker is close to $300,000. To read the full description, subscribe now.Top Freeport-McMoRan Copper & Gold Inc. Competitors
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