Copper production in Q3 2024 totaled 47,460 tonnes at C1 cash costs 1 of $2.83 per payable pound of copper produced ... and higher realized copper price of $4.24/lb compared to $3.77/lb.
At our current 2021 price forecast of $2.29 per pound for copper, we have trouble seeing Freeport earning positive returns on invested capital, let alone ROICs that clear the company's weighted ...