Freeport-McMoRan Q3 2026 net income attributable to common stock jumps 74% to $1.17 billion

• Freeport-McMoRan’s third-quarter 2026 net income attributable to common stockholders jumped 74% year over year to $1.17 billion.
• Revenues rose 8% to $7.55 billion, while operating cash flows climbed 17% to $1.98 billion year over year.
• Copper sales volumes fell 23% to 749 million pounds; gold sales volumes dropped 69% to 105,000 ounces year over year.
• PTFI’s smelter restarted in late August 2026; Grasberg operations remain targeted to approach full capacity by year-end 2027.
• For 2026, operating cash flows are expected to total approximately $8.5 billion, with capital expenditures projected at $4.4 billion.

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