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Freeport-McMoRan says preparing for ‘new and exciting’ phase of organic growth

Says has ‘exciting growth’ ahead in the Americas. Says company is ‘well-positioned’ for the future. Says working to restore large-scale production of Grasberg. Says notable highlight of the quarter was MOU with Indonesia to extend rights. Says balance sheet is ‘solid’ and company is in ‘strong position’ to invest in business while returning cash to shareholders. Comments taken from Q1 earnings conference call.

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