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Benzinga
Benzinga
Business
Akanksha Bakshi

Freeport-McMoRan Eyes Major Gains From US Copper Tariff

Industry,Production,For,Plumbing.,Copper,Pipes,Background.,3d,Render.

Copper giant Freeport-McMoRan Inc. (NYSE:FCX) delivered stronger-than-expected second-quarter results on Wednesday, driven by robust copper and gold sales, improved pricing, and reduced costs.

Following this positive earnings report, market observers are closely analyzing the company’s prospects. Among these, Sam Crittenden, an analyst at RBC Capital Markets, has expressed a confident outlook for Freeport-McMoran.

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