Freeport Copper Financials
2023e Operational Data
SOLAN
FREEPORT FOREMOST IN COPPER
2023e Sales by Region
1,376
Cu
mm lbs
North America
79 (1)
Μο
mm lbs
2023e Unit Net Cash Costs (3) (per lb of Cu)
Site Production & Delivery (4)
By-product Credits
Treatment Charges
Royalties & Export Duties
Unit Net Cash Costs (Credits)
South America
1,202
Cu
mm lbs
North
America
$2.90
(0.46)
0.12
$2.56
South
America
$2.54
(0.41)
0.19
0.01
$2.33
Indonesia
1,439
Cu
mm lbs
Indonesia
$1.70
(2.39)
0.37
0.26 (5)
THE POWER OF
COPPER
$(0.06)
1.75 (2)
Au
mm ozs
Consolidated
$2.36
(1.14)
0.23
0.10 (5)
$1.55
(1) Includes molybdenum produced in South America.
(2) Includes gold produced in North America.
(3) Estimates assume average prices of $1,950/oz for gold and $20/lb for molybdenum for 2H23e. Quarterly unit costs will vary significantly with quarterly metal sales volumes.
(4) Production costs include profit sharing in South America and severance taxes in North America.
(5) Assumes no change in Indonesian export duties. A 7.5% export duty would impact 2023e consolidated unit costs by 7¢/lb (and Indonesia unit costs by 19¢/lb).
e = estimate. See Cautionary Statement.
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