Freeport-McMoRan Rides Wave of Copper Demand to Expansions

January 24, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Amid upheavals in the global markets for energy and manufacturing, two things are certain: Copper demand remains strong and only will grow in coming years. To that end, copper miner Freeport-McMoRan Incorporated (NYSE:FCX) (Phoenix, Arizona) believes it is well-positioned for large-scale expansions at some of its most productive facilities, especially at both upstream and downstream assets in Arizona. Industrial Info is tracking more than $5 billion worth of active and proposed projects across the U.S. from Freeport, more than 70% of which is attributed to expansion projects. Other companies featured: Caterpillar Incorporated (NYSE:CAT) and SMS Group.