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Freeport-McMoRan sees healthy copper demand

New York-listed copper miner Freeport-McMoRan (FCX) is confident about the outlook for the red metal after meeting Q3 earnings consensus of US$1.53B which lifted the firm’s shares by almost 8%.

Freeport-McMoRan sees healthy copper demand Freeport-McMoRan sees healthy copper demand Freeport-McMoRan sees healthy copper demand Freeport-McMoRan sees healthy copper demand Freeport-McMoRan sees healthy copper demand

Freeport McMoRan sees tight copper market

The market consensus was met on the back of higher gold and copper sales which offset rising costs and lower metals prices. Earnings per share (EPS) of $0.