January 27, 2022

Consolidated copper production for Freeport McMoran was 3.843 billion pounds in 2021, up from 3.075 billion pounds in 2020.  The company produced 3.3 billion pounds of copper in 2019. The company cites high milling rates in North and South America for the increase in production in 2021.  Net income also increased from $599 million in 2020 to $4,306 million in 2021. Copper prices rallied in 2021, leading to increased revenue and profits for Freeport. (1/27/2022)

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