During periods of economic growth, industries such as construction, manufacturing, and technology expand, leading to increased demand for raw materials like metals, chemicals, and construction materials. Conversely, during economic downturns, industrial activities slow down, leading to a decrease in demand for raw materials.

Freeport-McMoRan is a leading mining company with a diverse portfolio of mineral assets. It primarily explores for copper, gold, molybdenum, silver, and other metals.

Freeport-McMoRan operates large, geographically diverse mining assets, including the Grasberg mine in Indonesia, one of the world’s largest copper and gold deposits.