Freeport-McMoRan says copper demand signals ‘remain strong’

Says seeing ‘rising’ copper demand as the world is becoming much more electrified. Says demand signals ‘remain strong’. Says recent reports from China reflect a resurgence of demand. Says focused on operating disciplines, increasing volumes and improving run times in U.S. Says expects copper production to grow over the course of the year. Says ‘remains encouraged’ with ability to scale leach initiative. Says Cerro Verde team did ‘excellent job’ navigating challenges in the quarter. Says filed EIS for major expansion at El Abra. Says continues to operate one of two smelters in Indonesia, expects to start other smelter later this year.