finance.yahoo.com Earnings
FCX's Q2 Volumes Fall Y/Y on Lower Operating Rates: What Lies Ahead?
Freeport-McMoRan Inc. FCX delivered second-quarter 2026 earnings and revenue above expectations, driven by higher metal prices, though weaker sales volumes were a drag. Freeport's copper sales volumes tumbled approximately 30% year over year in the second quarter to 710 million pounds. The downside primarily resulted from lower operating rates during the phased ramp-up of the Grasberg Block Cave …