Freeport McMoRan Q4 profit drops sharply as copper prices slide (NYSE:FCX)

Close-up of new and shiny сopper pipe.

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Freeport McMoRan (NYSE:FCX) +0.7% in Wednesday’s trading after reporting better than expected Q4 adjusted earnings and revenues that nevertheless fell from a year ago in an environment of lower copper prices and higher costs.

Freeport (FCX

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