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Grafa
Mining

Freeport-McMoRan beats estimates as copper prices defy production snags

Freeport-McMoRan (NYSE:FCX) reported fourth-quarter adjusted earnings that sailed past Wall Street forecasts, proving that record-high metal prices can insulate the world’s largest publicly traded copper producer from even severe operational disruptions.

Read more: Freeport-McMoRan beats estimates as copper prices defy production snags