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1、2023 ANNUAL REPORTT H E V A L U E O FFreeport-McMoRan Inc.(FCX or Freeport)is a leading international metals company with the objective of being foremost in copper.Headquartered in Phoenix,Arizona,FCX operates large,long-lived,geographically diverse assets with significant proven and probable minera
2、l reserves of copper,gold and molybdenum.FCXs portfolio of assets includes the Grasberg minerals district in Indonesia,one of the worlds largest copper and gold deposits;and significant operations in North America and South America,including the large-scale Morenci minerals district in Arizona and t
3、he Cerro Verde operation in Peru.FCX has a strong commitment to safety performance,environmental management and the communities where it operates.As a founding member of the International Council on Mining and Metals(ICMM),FCX is committed to implementing ICMMs Mining Principles,which serve as a bes
4、t practice framework on sustainable development for the global mining and metals industry.FCX has also achieved the Copper Mark,a comprehensive assurance framework designed to demonstrate the copper industrys responsible production practices,at all 12 of its copper-producing sites globally.By supply
5、ing responsibly produced copper,FCX is proud to be a positive contributor to the world well beyond its operational boundaries.Additional information about FCX is available at .2023 Financial HighlightsFreeport was named to Fortunes 100 Fastest-Growing Companies 2023 list,which ranks companies based
6、on growth in revenue,profits and stock returns;this years edition tracks those metrics over the three years through June 2023.NET INCOME PER SHAREOF COMMON STOCK$1.28BILLIONREVENUES$22.9COMMON STOCK DIVIDENDSPER SHARE$0.60CAPITAL EXPENDITURES$3.1BILLIONExcluding Indonesia smelter projectsOPERATING C