Copper Miner Freeport-McMoRan Looks to Better Times as Prices Improve
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SUGAR LAND--January 28, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Freeport-McMoRan Incorporated (NYSE:FCX) (FCX) (Phoenix, Arizona) seems to have weathered the economic storm wrought by the COVID-19 pandemic and a sharp drop in copper prices in early 2020. The global copper miner reported net income of $708 million in fourth-quarter 2020, up from $9 million in fourth-quarter 2019.
