FCX · News · 20260807N

Market Demand Trends

FREEPORT-MCMORAN INC · 2026-08-07 · Importance 17 · Surprise 24

Freeport-McMoRan is benefiting from expectations of strong copper demand and a structurally constrained global copper market. Third-party coverage identifies copper scarcity and projected supply deficits as key supports for the company’s market position. Demand-related commentary is centered on copper exposure across Freeport-McMoRan’s U.S., South American, and Indonesian mining operations.

Key facts

• MarketBeat reported that Assenagon Asset Management S.A. reduced its stake in Freeport-McMoRan by 43.9% in the second quarter, selling over 2.3 million shares. source
• Pacer Advisors Inc. reduced its stake in Freeport-McMoRan by 35.9% in the first quarter, selling 41,515 shares and retaining 74,212 shares valued at approximately $4.36 million. source
• PensionDanmark reduced its stake by 18.7% in the second quarter, selling 77,256 shares and retaining 335,474 shares valued at approximately $21.1 million. source