Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX)
Overview
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.
Sample Overview & HistoryKey Numbers from Hoover's UK
Key financials for Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX)
| Company Type | Public (NYSE: FCX) |
|---|---|
| Fiscal Year-End | December |
| 2008 Sales (mil.) | £12,289.9 |
| 1-Year Sales Growth | 5.1% |
| 2008 Net Income (mil.) | (£7,642.9) |
| 2008 Employees | 29,300 |
| 1-Year Employee Growth | 15.4% |
Key People from Hoover's UK
Key people and executives for Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX)
| Chairman; President Commissioner, PT Freeport Indonesia | James R. (Jim Bob) Moffett (Subscribers see complete biographies -- view sample)
Connect to this executive |
|---|---|
| President, CEO, and Director | Richard C. Adkerson Connect to this executive |
| EVP, CFO, and Treasurer | Kathleen L. Quirk Connect to this executive |
Top Competitors from Hoover's UK
Top competitors of Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX)
There are 10 competitors for Freeport-McMoRan; see more.Industry Information from Hoover's UK
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More Industry InformationSubsidiaries/Affiliates Covered By Hoover's UK
Subsidiaries/affiliates of Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX)
Rankings from Hoover's UK
See how Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) ranks in standard industry listings such as Fortune 500, S&P 500, and Dow Jones
- #146 in FORTUNE 500
- S&P 500
- #317 in FT Global 500
