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Freeport-McMoRan reported strong financial performance in Q3 2025 with $674M in net income, driven by high copper and gold prices. However, a tragic mud rush incident in Indonesia disrupted production and impacted overall sales volumes.
Freeport-McMoRan delivered solid quarterly performance, with net income rising to $772M and revenue reaching $7.58B. Copper and gold sales volumes exceeded guidance, driven by favorable pricing and operational improvements.
Freeport-McMoRan saw lower copper and gold sales volumes due to maintenance projects in Indonesia, but managed to beat guidance on copper sales. Net income dropped YoY, and the company continues to focus on cost control and growth initiatives.