Lates News

Copper producer Freeport-McMoRan Inc. said it is considering expanding in several factories in the United States but warned that President Trump's tariffs could increase costs. On April 24, the company said that the escalating trade war could increase Freeport's acquisition costs by about 5%. Meanwhile, the largest copper producer in the United States, Freeport, announced that first-quarter earnings exceeded analyst expectations and copper sales also exceeded the company's previous expectations. The Arizona-based company's stock price (FXC) rose 7.1% to $37.69 at one point.