When was Freeport-McMoRan founded?

Freeport-McMoRan was founded in 1912 and raised its 1st funding round 91 years after it was founded.

Where is Freeport-McMoRan located?

Freeport-McMoRan is headquartered in Phoenix, United States.

How many employees does Freeport-McMoRan have?

As of Sep 30, 2026, the latest employee count at Freeport-McMoRan is 374.

Is Freeport-McMoRan a funded company?

Freeport-McMoRan is a funded company, having raised an undisclosed amount across 8 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on 2003.

How much is Freeport-McMoRan worth?

The last known valuation of Freeport-McMoRan was $***** as of Dec 21, 2018.

When was the latest funding round of Freeport-McMoRan?

Freeport-McMoRan's latest funding was a $***** Conventional Debt round on Aug 19, 2019, with participation from 0 investor.

What is the annual revenue of Freeport-McMoRan?

Annual revenue of Freeport-McMoRan is more than $1B as on Dec 31, 2025

Where does Freeport-McMoRan rank among its competitors?

Freeport-McMoRan ranks 1st amongst 290 active competitors, of which 16 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Faraday Copper, which secured $73.6M in Mar, 2026.

Who are the top competitors of Freeport-McMoRan?

Freeport-McMoRan's top competitors include Codelco, Lundin Mining and Hindustan Copper. Among them, Faraday Copper secured the most recent funding round in March, 2026.

Freeport-McMoRan - 2026 Company Profile, Funding, Competitors & Financials

Q: Is Freeport-McMoRan an acquired company?

Freeport-McMoRan got acquired by IMC Group on Jul 29, 1997.

Freeport-McMoRan is an acquired company based in Phoenix (United States), founded in 1912. It operates as a Provider of copper, gold, and molybdenum mining services. Freeport-McMoRan has raised an undisclosed amount in funding, with last known valuation of $*****. The company has 290 active competitors, including 16 funded and 153 that have exited. Its top competitors include companies like Codelco, Lundin Mining and Hindustan Copper.

Company Details

FCX is an international mining company that operates large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold and molybdenum. The company operations are spread across North America, South America, and Indonesia.In 2022, the company recorded annual revenues of $22.78B and a net profit of $3.46B.

Website: fcx.com
Social
Email ID: *****@fmi.com

Key Metrics

Founded Year

1912

Location

Phoenix, United States

Stage

Acquired

Latest Funding Round

Conventional Debt, Aug 19, 2019, $*****

Last Known Valuation

$***** as on Dec 21, 2018

Ranked

1^st among 290 active competitors

Annual Revenue

$1B+ as on Dec 31, 2025

Employee Count

374 as on Sep 30, 2026

Investment & Acquisitions

Jetti Resources & 2 more

Similar Companies

Codelco & 178 more

Exit Details

Acquired by IMC Group (Jul 29, 1997)

View Freeport-McMoRan's full profile

Freeport-McMoRan is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Freeport CIN: 40103759683 , Latvia, Deadpooled	Feb 17, 2014	€1M - €10M (As on Dec 31, 2014)	1 (As on Dec 31, 2014)	-
FREEPORT-MCMORAN INC CIN: 831259 , United States, Active	Nov 09, 1987	$1B+ (As on Dec 31, 2025)	-	-
Freeport Minerals Corporation CIN: 131808503 , United States, Active	Dec 31, 1999	-	2392 (As on Dec 31, 2023)	-

Freeport-McMoRan got acquired by IMC Group on Jul 29, 1997 at an acquisition amount of $*****.

Click here to take a look at Freeport-McMoRan's acquisition in detail

Freeport-McMoRan has raised funding over 8 rounds. Its first funding round was on 2003.

Here is the list of recent funding rounds of Freeport-McMoRan:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 19, 2019	5816571	Conventional Debt	8136708	9927672	4197679	7405215
May 09, 2019	8160250	Conventional Debt	9300906	7078188	4968890	7502504
Jul 15, 2016	5428069	Post IPO	4249228	3497963	2307852	6265135

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View details of Freeport-McMoRan's funding rounds and investors

Freeport-McMoRan's employee count trend

Freeport-McMoRan has 374 employees as of Sep 26. Here is Freeport-McMoRan's employee count trend over the years:

Employee count trend for Freeport-McMoRan

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Top competitors of Freeport-McMoRan include Codelco, Lundin Mining and Hindustan Copper. Here is the list of Top 10 competitors of Freeport-McMoRan, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Freeport-McMoRan 1912, Phoenix (United States), Acquired	Provider of copper, gold, and molybdenum mining services	-	-	63/100
2nd	Codelco 1971, Santiago (Chile), Funding Raised	Producer of copper and copper by-products	-	Citi, EDC & 6 others	62/100
3rd	Lundin Mining 1994, Toronto (Canada), Public	Base metals mining and exploration company focused on copper, nickel and zinc deposits	-	SEB, RBC Royal Bank & 4 others	62/100
4th	Hindustan Copper 1967, Kolkata (India), Public	Manufacturer of copper products	-	-	56/100
5th	Hudbay 1927, Toronto (Canada), Public	Mining company focused on the discovery, production and marketing of base and precious metals	-	-	56/100
6th	Sandfire 2004, Perth (Australia), Public	Mining and exploration company focused on copper and gold resources	-	Metal Tiger, OZ Minerals	54/100
7th	Ero Copper Corp 2016, Vancouver (Canada), Public	Provider of copper mining services	-	-	54/100
8th	Euromax Resources 2004, Skopje (North Macedonia), Public	Mining and exploration company focused on copper and gold deposits	-	EBRD, NDX Group & 1 others	52/100
9th	Talon Metals 2005, Tortola (United Kingdom), Public	Manufacturer of spare & parts for automotive industry	-	Dundee Securities, Defense.gov & 8 others	52/100
10th	Faraday Copper 2014, Vancouver (Canada), Public	Provider of copper exploration and development services	$19.5M	BHP, The Lundin Group	51/100

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Freeport-McMoRan has made 2 investments in Jetti Resources and McMoRan Exploration and acquired Tallycapital.

Here is the list of these investments and acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jun 07, 2021	Investments	Jetti Resources	2014	Boulder (United States)
Sep 20, 2010	Investments	McMoRan Exploration	1998	New Orleans (United States)
Nov 19, 2006	Acquisition	Tallycapital	1955	Phoenix (United States)