Freeport-McMoRan unit extends $1.75B revolver through 2031
FCX’s PT Freeport Indonesia unit extended a $1.75B revolver through Sept 2031, with $250M drawn, while FCX saw large intraday swings tied to copper and tariff-linked moves.
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Dr. Copper Is Flashing An Economic Boom: Industrial Stocks Just Confirmed It
There is a faster way to read the U.S. economy than reading the economic data. Look at the price of copper. The metal has gained nearly 50% over the past 12 months, its strongest rolling annual advance since 2021. It is also testing all-time highs after reaching $6.52 per pound on Monday, trading just 2% below May’s al
FCX highs +4%
FCX highs +4%