Key facts: Freeport-McMoRan reports fatalities; J.P. Morgan recommends buy
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On September 24, 2025, Freeport-McMoRan reported two fatalities among trapped workers at Grasberg Block Cave, with five still missing. Stock fell by 16.95% to $37.67.1J.P. Morgan has recommended buying shares of Freeport-McMoRan Inc. (FCX) based on anticipated acute supply disruptions, fragile inventories outside the U.S., and renewed buying interest from China.2
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