Freeport-McMoRan Expects FY Consol Sales Of About 3.5 Bln Pounds Of Copper
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Freeport-McMoRan Inc expects consolidated sales of approximately 3.5 billion pounds of copper, 1.05 million ounces of gold, and 82 million pounds of molybdenum for FY 2025. Q3 sales were about 1% lower for copper and 4% lower for gold compared to previous guidance. The Q3 results included after-tax net charges of $48 million related to a September incident at PTFI. The outlook for Q4 includes consolidated sales of 635 million pounds of copper, 60 thousand ounces of gold, and 21 million pounds of molybdenum.
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