Freeport-McMoran on Copper and China [View article]
They're making money hand over fist.With copper at 1.5 or 3.5.Theyr'e one of the largest copper,gold, moly and lithium,producers in the world. I'm guessing the reason they're cutting back on production is to drive the price up.Demand from China will be robust as soon as they deplete their current stockpiles.
Freeport-McMoran on Copper and China [View article]