Freeport-McMoRan Inc at Citi Basic Materials Conference (Virtual) Transcript

Dec 02, 2020 / 06:00PM GMT
Alexander Nicholas Hacking - Citigroup Inc., Research Division - Director & Head of Americas Metals and Mining Sector

Good afternoon, everyone and welcome to the Citi Basic Materials Conference, discussion with Freeport. Very happy to be joined today by Kathleen Quirk, who is the CFO of the company. I think Kathleen has been CFO there since 2003 and been with the company since the '90s. I am sure you all know that Freeport is just about the largest private copper miner in the world or I'm sure it will be once Grasberg ramps up again. The company has major operations in North America, South America, Indonesia, including very substantial Tier 1 copper mines.

At the moment, the company is focused on ramping the Grasberg mine back up to full production after transitioning to a fully underground mining.

And again, I'm sure you know, but Grasberg also has very significant gold deposit. And I think also maybe the world's single largest gold mine.

So with that, I'm going to turn over to Kathleen, who is going to talk for a couple of minutes, 5 minutes. Then I'll ask some questions.

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