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Freeport Commences Commissioning Of New Indonesian Smelter And Provides Update On Q2 2024 Copper And Gold Sales



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July 2 (Reuters) -Freeport-McMoRan Inc FCX.N:

  • FREEPORT COMMENCES COMMISSIONING OF NEW INDONESIAN SMELTER AND PROVIDES UPDATE ON SECOND-QUARTER 2024 COPPER AND GOLD SALES

  • EXPECTS A PORTION OF ITS SECOND-QUARTER 2024 PRODUCTION WILL BE SHIPPED IN FUTURE PERIODS

  • SEES Q2 CONSOLIDATED SALES ABOUT 5% BELOW APRIL 2024 GUIDANCE OF 975 MILLION POUNDS OF COPPER

  • 2024 GOLD SALES ARE EXPECTED TO APPROXIMATE 1.8 MILLION OUNCES

  • SEES Q2 CONSOLIDATED SALES ABOUT 30% BELOW APRIL 2024 GUIDANCE OF 500 THOUSAND OUNCES OF GOLD

  • DOES NOT EXPECT MATERIAL CHANGE TO ANNUAL 2024 COPPER VOLUME GUIDANCE

Source text for Eikon: ID:nBw8pmzkja

Further company coverage: FCX.N


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