Commodities Buzz: Freeport Copper production down 21% on year in H1 2026
Mumbai, July 24 -- Mining major Freeport reported second-quarter 2026 net income attributable to common stock of $984 million, $0.68 per share, and adjusted net income attributable to common stock of $1.1 billion, $0.74 per share, after excluding after-tax net charges totaling $96 million, $0.06 per share, primarily for idle facility and restoration costs associated with PTFI's September 2025 external mud rush incident. Net income in the quarter is up around 27% YoY. The company reported Consolidated production of 786 million pounds of copper, 192 thousand ounces of gold and 23 million pounds of molybdenum in second-quarter 2026. There has been a sizable slide in output of Copper and Gold this year. In first six-months of 2026, Copper outpu...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.