Oct 20 (Reuters) - Freeport-McMoRan Inc(FCX):
* CHIEF EXECUTIVE RICHARD ADKERSON SAYS PHYSICAL COPPER MARKET 'STRIKINGLY TIGHT GLOBALLY RIGHT NOW'
* CEO SAYS HE IS 'INCREASINGLY CONFIDENT ABOUT THE OUTLOOK AND POSITION OF THE COPPER MARKETS'
* CEO SAYS COMPANY IS PREPARED FOR ANY WEAKENING IN GLOBAL ECONOMY
* PRESIDENT KATHLEEN QUIRK SAYS 'COPPER DEMAND REMAINS HEALTHY' AND 'INVENTORIES REMAIN LOW BY HISTORICAL LEVELS'
* PRESIDENT SAYS COMPANY STUDYING POSSIBLE EXPANSION OF BAGDAD COPPER MINE IN ARIZONA
* PRESIDENT SAYS TARGETING COMPLETION OF NEW INDONESIAN SMELTER IN 2024
* SAYS WILL DEFER MAJOR INVESTMENT DECISIONS IN THE CURRENT MARKET ENVIRONMENT
* SAYS HAS NOT BOUGHT ITS OWN SHARES SINCE JULY 2022
* SAYS EXPECTS TO BE PRODUCING 200 MILLION POUNDS/YEAR OF COPPER BY END 2023 USING NEW LEACHING TECHNOLOGY
* CEO SAYS DOES NOT EXPECT ANY U.S. GOVERNMENT FINANCIAL SUPPORT FOR THE COMPANY'S COPPER PROJECTS
* CEO SAYS HOPES U.S. PERMITTING PROCESS GETS 'MORE REASONABLE'
* CEO SAYS NONE OF COMPANY'S CUSTOMERS ARE SCALING BACK ORDERS
* CEO: 'WE CERTAINLY HAVE NO PROBLEM SELLING COPPER' Source text for Eikon: Further company coverage: (Reporting By Ernest Scheyder)
Like oil I see the big crash in prices as being all fear of the non-existant drop in demand.
- Forums
- ASX - By Stock
- What Freeport CEO says about Copper, bout as good as can be, good for HGO
Oct 20 (Reuters) - Freeport-McMoRan Inc(FCX):* CHIEF EXECUTIVE...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HGO (ASX) to my watchlist
|
|||||
Last
6.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $127.8M |
Open | High | Low | Value | Volume |
5.9¢ | 6.1¢ | 5.8¢ | $339.2K | 5.792M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 103904 | 6.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.1¢ | 168658 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 103904 | 0.060 |
1 | 10000 | 0.059 |
6 | 513255 | 0.058 |
10 | 858277 | 0.057 |
9 | 654731 | 0.056 |
Price($) | Vol. | No. |
---|---|---|
0.061 | 168658 | 2 |
0.062 | 140000 | 1 |
0.063 | 260829 | 2 |
0.064 | 1105569 | 1 |
0.065 | 148942 | 4 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
HGO (ASX) Chart |