Dec. 23 at 7:34 PM
$FCX $GLD $SIVR $COPX (
$FCX) = primarily produces copper as its core metal, with gold, silver, & molybdenum as significant co-products or by-products. They also recover smaller amounts of other valuable minerals. Here's a breakdown of the key metals & minerals they mine/produce (beyond silver & gold, as previously discussed):Molybdenum: FCX is the world's largest publicly traded producer of molybdenum — essential for strengthening steel alloys, especially in high-performance applications like pipelines, aerospace, & energy infrastructure. It's primarily produced at dedicated mines (Henderson and Climax in Colorado) & as a by-product at copper operations (e.g., Sierrita, Bagdad, Morenci).
Rhenium: A rare and highly valuable metal recovered as a by-product from molybdenum processing (e.g., at certain North American sites like Sierrita). Rhenium is critical for superalloys in jet engines and high-temperature turbines, making it strategically important for aerospace & defense.
