FCX · 10-Q · 2026Q2 · Full report

U.S. Copper Market Position

FREEPORT-MCMORAN INC · 2026-08-06 · Importance 10 · Surprise 6

FCX stated that it is the leading copper supplier in the United States, providing approximately 70% of total U.S. refined copper production through its integrated domestic mining and processing facilities. Most of this refined copper is sold domestically, and U.S. mining output for the first six months of 2026 was sold 75% as rod and 25% as cathode. The company said its integrated operating model positions it to satisfy potential future domestic-sales requirements and leverage sizeable resources and existing infrastructure. Brownfield expansion opportunities support FCX’s competitive positioning in the U.S. copper market.

Key facts

• We provide approximately 70% of total U.S. refined copper production through our integrated domestic mining and processing facilities. source
• For the six months ended June 30, 2026, copper from our U.S. mining operations was sold 75% as rod and 25% as cathode. source