Freeport and McMoRan
In 1981 Freeport Minerals merged with McMoRan Oil & Gas with each entity becoming a subsidiary of the newly formed Freeport-McMoRan Inc. In 1998, McMoRan Exploration Co. formed with the merger of McMoRan Oil and Gas Company and Freeport-McMoRan Sulphur Co., Inc. – officially creating Freeport-McMoRan Copper and Gold Inc. Since then, the company has become a juggernaut for gas and oil, agricultural minerals, sulphur, phosphoric acid, gold, copper, silver and uranium.
In 2014, the company changed its name to Freeport-McMoRan Inc.
- Copper production from top ten companies to increase by 3.8%Supply Chain & Operations
- Freeport beats copper estimates in relief to tight suppliesSupply Chain & Operations
- Freeport McMoRan cedes majority stake in Grasberg mine for $2.85 billionAutomation & AI
- China Molybdenum moves to acquire key Freeport copper mine for $2.7billionDigital Mining