With a market cap of $60.5 billion, Phoenix, Arizona-based Freeport-McMoRan Inc. (FCX) is a leading global mining company engaged in the exploration, mining, and development of mineral properties, focusing on copper, gold, molybdenum, silver, and other metals. The company operates through four main divisions: North America copper mines; South America mining; Indonesia mining; and molybdenum.
Companies valued at $10 billion or more are generally considered "large-cap" stocks and Freeport-McMoRan fits this criterion perfectly. Its primary operations span North America, South America, and Indonesia, with major assets such as the Grasberg mine in Indonesia, which holds the world’s largest copper and gold reserves.
