We Think Freeport-McMoRan (NYSE:FCX) Can Stay On Top Of Its Debt
China International Capital Corporation's nonferrous metals outlook for 2025: Steady progress in copper and aluminum. In 2025, nonferrous metals may see substantial realization of supply and demand improvements.
In 2025, thanks to the production of Malmyzhskoye, increased output from Las Bambas, and the ramp-up of projects such as Kamoa-Kakula 3, QB2, Oyu Tolgoi, and TFM, the growth rate of copper concentrate supply is expected to rise from 1.8% in 2024 to 2.6%.
Shares of Base Metal Stocks Are Trading Lower. Weakness May Be Due to China Stimulus Efforts.
RBC Capital Maintains Freeport-McMoRan(FCX.US) With Hold Rating, Maintains Target Price $58
RBC Capital Sticks to Its Hold Rating for Freeport-McMoRan (FCX)
Freeport-McMoRan | 10-Q: Q3 2024 Earnings Report