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Freeport-McMoRan Inc (NYSE: FCX) is a global metals producer with major copper, gold and molybdenum assets across Indonesia and the Americas. Its key operations include Grasberg, Morenci, Cerro Verde and several US and South American mines. The company produces copper concentrate, cathode and rod using conventional smelting and refining as well as solution extraction and electrowinning processes.
As per Kalkine’s Global Critical Minerals Report Report published on ‘FCX’ on July 31, 2026, Kalkine provided a ‘Buy’ stance on the stock at USD 61.01 based on technical analysis and the stock price has now moved up by ~ 12.08% since then and attained resistance 1 and moving towards resistance 2.
Noted below are the details of support and resistance levels provided in our previous report:
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