Freeport-McMoRan and Southern Copper reported lower unit costs in Q2, while tariffs pose a risk of increasing goods costs in the US.
Steady: 1 development in the last 24 hours, 1 in the last 7 days
Updated 18 hours ago
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How it started
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What happened
Freeport-McMoRan and Southern Copper reported lower unit costs in Q2, while tariffs pose a risk of increasing goods costs in the US.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Rising metals prices helped miners extend dominance since late 2024.Sub-event
- Freeport-McMoRan and Delta face high tariff rates imposed by Trump on copper imports.Sub-event
- Chile and Indonesia, major copper producers, are navigating potential U.S. tariffs, with Mario Marcel seeking an exception for Freeport-McMoRan.Sub-event
Both copper companies reported lower unit costs despite potential tariff increases.1 source
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The entities involved
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Freeport-McMoRan
producer of copper and gold
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Southern Copper Corporation
mining company
Nothing else this week.
Coverage
Newest first; wire copies grouped- baystreet.ca
- ZacksFCX's Unit Net Cash Costs Fall in Q2: Can It Sustain the Momentum? Freeport-McMoRan Inc. FCX saw a notable reduction in its average unit net cash cost per pound of copper in the second quarter of 202
- ZacksFreeport's Q2 Volumes Rise: Tepid Outlook Points to Challenges Ahead Freeport-McMoRan Inc.’s FCX second-quarter 2025 results show increases in sales volumes. Its copper sales volumes increased around
- Motley FoolHere's Why Freeport-McMoRan Stock Crashed This Week (Hint: It's Trump Tariff-Related.) Freeport-McMoRan, the self-styled "America's copper champion," dominates refined copper production in the U.S. T