Grasberg Project and Financial Update
Financial Highlights
Sales Data
3Q21
3Q20
Copper
Consolidated Volumes (mm lbs)
1,033
848
Average Realization (per lb)
$ 4.20
$ 3.01
Site Production & Delivery Costs (per lb)
$ 1.88
$ 1.77(1)
Unit Net Cash Costs (per lb)
$ 1.24
$ 1.32
Gold
Consolidated Volumes (000's ozs)
402
Average Realization (per oz)
$1,757
234
$1,902
Molybdenum
Consolidated Volumes (mm lbs)
20
$18.61
20
$9.23
FREEPORT
FOREMOST IN COPPER
Average Realization (per lb)
Financial Results (in billions, except per share amounts)
Revenues
Net Income Attributable to Common Stock
Diluted Net Income Per Share
Operating Cash Flows (2)
Capital Expenditures
Total Debt
Consolidated Cash and Cash Equivalents
SS
$ 6.1
$ 3.9
$ 1.4
$ 0.3
$ 0.94
$ 0.22
$ 2.0
$ 1.2
$
0.5
$ 0.4
$
9.7
$ 10.0
$ 7.7
$ 2.4
(1) Excludes charges of 2¢/lb of copper primarily associated with idle facility and contract cancellation costs related to the COVID-19 pandemic and
employee separation costs associated with the April 2020 revised operating plans.
(2) Includes working capital sources of $0.2 bn for 3Q21 and 3Q20.
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