Freeport-McMoRan's Q1 copper production was 868 million pounds.

On Thursday, April 24, copper producer Freeport-McMoRan Inc. released its Q1 financial report on its website. The data showed that the company's consolidated copper production (including sales from both the parent company and subsidiaries) was 868 million pounds, gold production was 287,000 ounces, and molybdenum production was 23 million pounds in Q1. Consolidated copper sales in Q1 were 872 million pounds, exceeding the January estimate of 850 million pounds but lower than the 1.1 billion pounds in Q4 2024, primarily reflecting planned major maintenance at the Indonesia project. Gold sales were 128,000 ounces, below the January estimate of 225,000 ounces and lower than the 568,000 ounces in Q4 last year. Molybdenum sales were 20 million pounds, below the January estimate of 22 million pounds but similar to Q4 last year. For the full year of 2025, the company expects consolidated copper sales to be around 4 billion pounds, gold sales to be 1.6 million ounces, and molybdenum sales to be 88 million pounds. In Q2, copper sales are expected to be 1 billion pounds, gold sales 500,000 ounces, and molybdenum sales 22 million pounds. In Q1, the average realized price for copper was $4.44 per pound, gold was $3,072 per ounce, and molybdenum was $21.67 per pound.