Freeport-Mcmoran Inc (FCX) stock price, news and key stats

Price

Last close as of Sep 16, 2026. Delayed data; not a live quote.

Previous close

$69.38

Open

$70.08

Day range

$67.80 – $70.29

Volume

10.9M

About Freeport-Mcmoran Inc

Latest FCX news

• Copper Price Forecast: China Data Support Recovery Near $6.50
  Gold & Metals · Sep 16, 2026

  Copper prices are showing signs of recovery, approaching the $6.50 per pound mark, driven by stronger economic data from China that bolsters demand prospects. Recent reports indicate an uptick in manufacturing activity and infrastructure spending in the world's largest copper consumer, which has provided a much-needed boost to market sentiment. This resurgence in demand is critical as it comes amid a backdrop of fluctuating global economic conditions. However, the short-term outlook remains clouded by rising inventories at the London Metal Exchange (LME), which have increased concerns about oversupply. Additionally, resistance levels near $7 per pound could pose challenges for further price gains. Traders are closely monitoring these dynamics, as sustained demand from China will be essential to maintaining upward momentum in copper prices. Market participants are advised to remain cautious, as the interplay between demand recovery and inventory levels will likely dictate price movements in the coming weeks.

• Copper Steadies Ahead of Fed Decision as Supply Concerns Ease
  Bond Market · Sep 16, 2026

  Copper prices have stabilized as market participants await the Federal Reserve's upcoming decision on interest rates. After experiencing a significant decline from last week's record highs, driven by speculation surrounding a potential supply squeeze due to U.S. tariffs, the metal is now finding some footing as concerns about supply disruptions begin to ease. Analysts note that while tariffs initially raised fears of reduced availability, recent developments in global copper production have alleviated some of these worries. The market is closely monitoring the Fed's stance, as any indication of a shift in monetary policy could influence demand for industrial metals, including copper. A rate hike could strengthen the U.S. dollar, potentially putting downward pressure on commodity prices. Conversely, if the Fed signals a more dovish approach, it could bolster demand for copper, particularly in sectors such as construction and manufacturing, which are sensitive to interest rate changes. As traders position themselves ahead of the decision, the copper market remains in a delicate balance between supply dynamics and macroeconomic indicators.

• Copper Market Volatility Becomes New Normal as Tariffs and Speculation Reshape Pricing
  Risk & Volatility · Sep 15, 2026

  The copper market has entered a phase of heightened volatility, driven by a combination of tariffs and speculative trading practices. Recent policy shifts, particularly in major economies like the United States and China, have imposed tariffs on copper imports, disrupting supply chains and leading to price fluctuations. As a result, copper prices have experienced significant swings, reflecting both the immediate impacts of these tariffs and the broader uncertainties in global trade relations. Market analysts suggest that this volatility is likely to persist as traders navigate a complex landscape influenced by geopolitical tensions and economic indicators. Speculation has intensified, with investors reacting to news cycles and policy announcements, further exacerbating price movements. This environment poses challenges for manufacturers and industries reliant on copper, as they face unpredictable costs that can affect profit margins and pricing strategies. Looking ahead, the copper market may see continued fluctuations as stakeholders adapt to the evolving landscape. With demand for copper expected to rise due to its critical role in renewable energy technologies and electric vehicles, any disruptions in supply could lead to even sharper price increases. Investors and companies will need to remain vigilant, employing risk management strategies to navigate the new normal of copper market volatility.

• Copper's Tariff Selloff Repriced Futures While Concentrate Suppliers Gain Margin
  Macro Watch · Sep 14, 2026

  Copper futures sold off sharply as markets digested the scope of new US import tariffs, unwinding much of the price dislocation that had built up when Washington first signaled sweeping duties on the metal. The selloff was most pronounced on COMEX, where prices had surged to record highs above $5.80 per pound as traders rushed to pull metal into the United States ahead of anticipated tariffs. When the final framework clarified that the 50 percent duty would apply primarily to refined cathode rather than fabricated products, the basis for stockpiling collapsed, triggering one of the steepest single-day declines in the contract's history and compressing the once-enormous premium over London Metal Exchange prices from roughly a quarter to low single digits. The repricing has significant implications for how the market prices US supply risk going forward. The episode demonstrated that tariff headlines can override fundamentals in the short term, with US exchange inventories swelling as metal was front-run into the country, leaving global stocks outside the US correspondingly thinner. Traders now face a bifurcated market in which American physical premiums reflect the tariff wall while the rest of the world trades on underlying supply-demand balances, complicating hedging strategies for producers and consumers alike. Amid the futures turmoil, suppliers of copper concentrate have found themselves in an unusually strong position. The concentrate market remains structurally tight after a series of mine disruptions and underinvestment in new capacity, keeping spot treatment and refining charges deeply negative — an arrangement that effectively transfers value from smelters to miners. That means concentrate sellers continue to capture a larger share of realized metal prices even as refined copper benchmarks whipsaw, while smelters, particularly in China, face margin compression and have responded with maintenance shutdowns and output discipline. Looking ahead, the divergence between paper market volatility and physical concentrate scarcity is likely to persist. Annual treatment charge negotiations will be a key barometer of bargaining power between miners and smelters, and further supply disruptions would only entrench supplier leverage. For investors, the medium-term picture remains constructive for producers: tariff-driven demand reshuffling, low global inventories,

• Copper Price Forecast: US Refined Copper Tariffs May Be Delayed, Copper Prices Plunge After Record High, Can They Still Rise?
  Gold & Metals · Sep 13, 2026

  Copper prices have experienced significant volatility in recent weeks, highlighted by a record high of $14,854 per tonne on September 9, followed by a sharp decline of 4.48% to close at $14,169. This drop was largely attributed to shifting expectations regarding U.S. tariffs on refined copper, which had been anticipated to bolster domestic prices. The potential delay in implementing these tariffs has raised concerns about the future trajectory of copper prices, especially as the market digests the implications of U.S. policy changes. Goldman Sachs Research suggests that while the recent surge in copper prices may be unsustainable, the market could remain in flux for several months pending key announcements from the U.S. administration. The exclusion of refined copper from a proposed 50% import tariff has already led to a historic one-day price drop in COMEX copper futures, reflecting the market's sensitivity to policy shifts. Analysts are now watching closely to see if prices can stabilize and potentially retest levels around $6.70 per pound before the end of 2026, particularly as the supply-demand dynamics evolve. If the U.S. does not implement the refined copper tariff, it could lead to a significant unwinding of accumulated inventories, which may further pressure prices. Conversely, a tariff could reinforce supply constraints outside the U.S., potentially supporting higher prices for advanced copper projects globally. As market participants navigate these developments, the outlook for copper prices remains uncertain, hinging on both domestic policy decisions and broader economic conditions.

• Why Did Freeport-McMoRan Stock Drop On Doubts Over A Tariff It Would Gain From?
  Macro Watch · Sep 11, 2026

  Freeport-McMoRan Inc. (FCX) experienced a sharp decline in its stock price, falling 6.6% to close at $71.21, amid growing uncertainty over a potential tariff that could have benefited the copper mining sector. This drop came as the broader S&P 500 index slipped 0.6%, but the impact on Freeport-McMoRan was particularly pronounced, reflecting the market's sensitivity to policy changes affecting commodity prices. The uncertainty surrounding the White House's decision on copper tariffs has raised concerns among investors, leading to a sell-off in copper stocks. The recent volatility in copper prices, exacerbated by rising yields, has further complicated the outlook for mining companies like Freeport-McMoRan. Despite a strong performance in the first half of the year, where the company saw a 20% increase in stock value driven by high copper prices, the current market sentiment suggests that any potential tariff relief is now in jeopardy. Analysts warn that continued uncertainty could lead to further declines in the copper market, impacting not only Freeport-McMoRan but the entire mining sector, which has seen billions in market value evaporate in response to this news. Investors will be closely monitoring developments as they assess the implications for future earnings and market stability.

• Copper price, miners slide on Trump tariff doubts
  Gold & Metals · Sep 10, 2026

  Copper prices and mining stocks experienced a notable decline as uncertainty surrounding potential tariffs proposed by former President Donald Trump cast a shadow over the market. The price of copper fell by approximately 3% in recent trading sessions, reflecting concerns that renewed trade tensions could disrupt supply chains and dampen demand. Miners, particularly those heavily reliant on copper production, saw their shares drop in tandem, with major companies like Freeport-McMoRan and Southern Copper Corporation reporting significant losses. Market analysts suggest that the fears of tariffs are exacerbated by broader economic indicators, including slowing manufacturing activity and potential recessionary signals in key markets. The copper market, often viewed as a barometer for global economic health due to its widespread industrial use, is particularly sensitive to such geopolitical developments. Investors are now closely monitoring any official statements or policy shifts that could clarify the future of trade relations and their implications for commodity prices. As the situation unfolds, the mining sector may face increased volatility, with analysts recommending a cautious approach to investments in copper-related assets. The potential for tariffs could not only affect pricing but also impact long-term contracts and international trade agreements, further complicating the outlook for miners and the broader commodities market.

• White House copper tariff plan stalls amid affordability concerns, sources say
  Macro Watch · Sep 10, 2026

  The White House's plan to impose tariffs on refined copper has reportedly stalled, raising concerns about potential impacts on affordability and market prices. Sources familiar with the situation indicated that officials are grappling with the implications of higher copper prices, which could exacerbate inflationary pressures on consumers and industries reliant on the metal. The indecision comes at a time when copper futures have already experienced a significant decline, dropping over 4% following the news. Market analysts suggest that the delay in implementing tariffs could provide temporary relief to manufacturers and consumers who have been facing rising costs. Copper is a critical component in various sectors, including construction and electronics, and any increase in tariffs could lead to higher prices for end products. The uncertainty surrounding the tariff decision may continue to influence market dynamics, as stakeholders await clarity from the administration on its trade strategy regarding this essential commodity.

• Copper, FCX Stock Plunge On Tariff Report, Surging Yields; Silver, Gold Also Fall
  Yahoo Finance · Sep 10, 2026

  Copper prices and related mining stocks experienced a significant decline on Thursday, following uncertainty surrounding potential tariffs on refined copper. U.S.-listed companies such as Freeport-McMoRan (FCX), Southern Copper, and Hudbay Minerals saw their shares drop sharply in premarket trading. This downturn comes after copper prices had briefly reached record highs earlier in the session, highlighting the volatility in the market driven by tariff speculation. The broader implications of this tariff uncertainty, coupled with rising yields on U.S. Treasury bonds, have created a challenging environment for precious metals as well. Both silver and gold prices also fell, reflecting a general risk-off sentiment among investors. The combination of potential trade barriers and increasing real yields tends to diminish the appeal of non-yielding assets like metals, leading to a sell-off across the sector. As the market digests these developments, investors will be closely monitoring any official announcements from the White House regarding tariffs, as well as the trajectory of interest rates, which could further influence metal prices in the near term.

• With the copper price surfing all-time highs, here’s what one CEO thinks about the sector long term
  MarketWatch · Sep 10, 2026

  Copper prices have surged to all-time highs, driven by robust demand from sectors such as electric vehicles and renewable energy, which are expected to continue fueling growth in the coming years. Freeport-McMoRan, a leading copper producer, reported strong second-quarter results that exceeded market expectations, with production and sales surpassing estimates and unit cash costs declining to $1.92 per pound. The company's Grasberg mine in Indonesia has also seen a faster-than-anticipated recovery, further bolstering its output. In a recent interview, Freeport's CEO expressed optimism about the long-term prospects for the copper sector, citing the increasing global emphasis on green technologies and infrastructure development. He noted that the transition to a low-carbon economy will require significant investments in copper, which is essential for electric wiring, batteries, and renewable energy systems. This sustained demand is likely to keep prices elevated, presenting both opportunities and challenges for producers as they navigate supply chain dynamics and potential regulatory changes. Market analysts are closely watching these developments, as the copper market is often seen as a bellwether for global economic health. With the current bullish sentiment, investors may look to capitalize on the momentum in copper stocks, but they should remain cautious of potential volatility driven by geopolitical tensions and shifts in monetary policy. As the sector evolves, Freeport's strategic initiatives and production efficiencies will be critical in maintaining its competitive edge in a rapidly changing landscape.

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