Freeport-McMoRan announces FY26 focus areas

The company said, “Execution: Deliver on operating plans across all sites and safely and sustainably restore Grasberg mining and smelting operations. Leach Initiative: Targeting 300 mm lbs, +40% YoY, in 2026 and further define path to ~800 mm lbs per annum by 2030. Innovation: Deploy technologies to strengthen long-term cost competitiveness in the Americas and unlock significant value. Future Growth: Advance major growth options in long-lived copper districts at Bagdad, El Abra and Safford/Lone Star.”