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, while the government owns the other 9%. FCX controls proved and probable reserves of about 102 billion pounds of copper, 40 million ounces of gold, and 266 million ounces of silver. 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 & History
Key Numbers from Hoover's UK
Key financials for Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX)
| Company Type | Public (NYSE: FCX) |
|---|---|
| Fiscal Year-End | December |
| 2010 Sales (mil.) | £12,270.0 |
| 1-Year Sales Growth | 26.2% |
| 2010 Net Income (mil.) | £2,802.8 |
| 1-Year Net Income Growth | 57.7% |
| 2010 Employees | 39,200 |
| 1-Year Employee Growth | (12.9%) |
Key People from Hoover's UK
Key people and executives for Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX)
| Chairman | James R. (Jim Bob) Moffett (Subscribers see complete biographies -- view sample)
|
|---|---|
| President, CEO, and Director | Richard C. Adkerson |
| EVP, CFO, and Treasurer | Kathleen L. Quirk |
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.Significant Developments
View company events at Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) such as IPOs, bankruptcies, or executive changes
| Event | Details |
|---|---|
| Address Change | Subscribers get full details -- view a sample |
Industry Information from Hoover's UK
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Hoover's Industries
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
- #136 in FORTUNE 500 (May 2011)
- S&P 500
- #136 in FORTUNE 1000 (May 2011)
- #142 in FT Global 500 (June 2011)

