FCX Conference Call 3rd Quarter 2023 Results
2023e Operational Data
SOLAN
FREEPORT FOREMOST IN COPPER
2023e Sales by Region
1,373
Cu
mm lbs
North America
80 (1)
Mo
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
South America
1,194
Cu
mm lbs
North
America
$2.98
(0.48)
0.12
0.00
$2.62
South
America
$2.56
(0.42)
0.19
0.01
$2.34
Indonesia
1,489
Cu
mm lbs
Indonesia
$1.68
(2.31)
0.36
0.42 (5)
THE POWER OF
COPPER
$0.15
1.74 (2)
Au
mm ozs
Consolidated
$2.38
(1.14)
0.23
0.16 (5)
$1.63
(1) Includes molybdenum produced in South America.
(2) Includes gold produced in North America.
(3) Estimates assume average prices of $1,900/oz for gold and $20/lb for molybdenum in 4Q23e. 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) Estimates include assessment of 7.5% export duty at PT-FI, which continues to be discussed with the Indonesia government. 2023e consolidated unit costs include 7¢/lb
(and Indonesia unit costs 19¢/lb) for export duties.
e = estimate. See Cautionary Statement.
8View entire presentation