Grasberg Project and Financial Update
Future Growth Embedded in Existing Asset Base FREEPORT
Provides Increased Leverage to Higher Copper Prices
Bagdad
Expansion
Arizona
F-v
Lone Star
Expansions
Arizona
SAFFORD OPERATIONS
LONE STAR
El Abra
Expansion
Chile
BRA
FOREMOST IN COPPER
Atlantic Copper
Circular Project
Spain
Circular
Kucing Liar
Grasberg District
Indonesia
FEMI
PT FREEPORT INDONESIA
Double
concentrator
capacity
Commencing
feasibility,
stakeholder
engagement and
permitting
requirements
Near-term oxide
expansions plus
larger sulfide
opportunity
> Large sulfide resource
supports a major mill
project
Preparing for robust
stakeholder
engagement and
permitting requirements
Monitoring regulatory
considerations
> ESG project
(Circular Economy)
>Recycle electronic
material
Planning to
commence
development of
underground
copper/gold
reserves
See Cautionary Statement.
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