Skip to main content Investor Presentation – Freeport-Mcmoran Inc. | Shale Experts
Loading...
Database
Slide Database

Investor Presentation – Freeport-Mcmoran Inc.

Freeport-Mcmoran Inc. · Nov 11, 2008 · 17 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Investor Presentation – Freeport-Mcmoran Inc. – slide 1
    Richard C. Adkerson President & CEO November 11, 2008 www.fcx.com
  2. Investor Presentation – Freeport-Mcmoran Inc. – slide 2
    FCX Investment Summary Worlds Premier Publicly Traded Copper Company Worlds Largest Molybdenum Producer & Significant Gold Producer World Class, Long-lived, Geographically Diverse Operations Strong Cash Flows and Financial…
  3. Investor Presentation – Freeport-Mcmoran Inc. – slide 3
    Revenue / Production Mix Mining Revenue by Commodity Copper Production by Method 2007 Pro Forma 2007 Pro Forma Gold 10% SX/EW SX/EW Concentrate Concentrate Molybdenum 35% 35% 65% 65% 12% Copper 78% 4
  4. Investor Presentation – Freeport-Mcmoran Inc. – slide 4
    Worlds Leading Copper Producers Top 10 Copper Producers (2008E) (000 t) 2,000 1,800 1,600 1,400 1,200 1,000 800 600 400 200 0 Codelco FCX BHP Billiton Xstrata Rio Tinto Anglo Southern RAO Norilsk KGHM Polska…
  5. Investor Presentation – Freeport-Mcmoran Inc. – slide 5
    Geographically Diverse Major Mine Operations & Development Projects All major assets majority-controlled and operated North North America America11 Reserves Copper Cu 25.8 billion lbs Copper/Gold/Silver Mo 1.8 billion lbs…
  6. Investor Presentation – Freeport-Mcmoran Inc. – slide 6
    Long-Lived Asset Base Consolidated Consolidated Reserves 12/31/07 (1) Copper (billion lbs) 93.2 Molybdenum (billion lbs) 2.0 Gold (million ozs) 41.0 Average Sales Volumes (2008-2010) Copper (billion lbs) 4.5 Molybdenum (million…
  7. Investor Presentation – Freeport-Mcmoran Inc. – slide 7
    North America Operating Mines: 6 Copper, 1 Molybdenum Henderson Morenci Safford Miami Smelter 8
  8. Investor Presentation – Freeport-Mcmoran Inc. – slide 8
    South America 4 Operating Copper Mines Cerro Verde in Peru Cerro Cerro Verde Verde Mill Mill El Abra in Chile Candelaria/Ojos 9
  9. Investor Presentation – Freeport-Mcmoran Inc. – slide 9
    Indonesia Grasberg Grasberg Grasberg Mill Complex Underground Development 10
  10. Investor Presentation – Freeport-Mcmoran Inc. – slide 10
    Democratic Republic of Congo Tenke Fungurume Dump Pocket Tailings Storage Solution Extraction Stockpile & Heavy Dump Pocket Duty Shop SAG Mill Leach Acid & CCD Plant Solution Cobalt Extraction Precipitation…
  11. Investor Presentation – Freeport-Mcmoran Inc. – slide 11
    A World of Opportunities Exploration Targets in Major Mineral Districts 100 drill rigs operating around the world Safford/Lone Star/Morenci Cerro Verde Tenke Fungurume/Africa Grasberg/Indonesia District 25 rigs 11 rigs 18 rigs 14…
  12. Investor Presentation – Freeport-Mcmoran Inc. – slide 12
    Recent Events Global Market Conditions Financial Market Turmoil/Credit Crisis Economic Weakness in U.S./Europe Market Concerns About Slower Growth in China Sharp Decline in Commodities Prices During September/October…
  13. Investor Presentation – Freeport-Mcmoran Inc. – slide 13
    Markets 2,000 400 1,750 350 1,500 300 000s Metric Tons Cents Per Pound LME Copper Price 250 1,250 1,000 200 750 150 500 100 250 50 LME & COMEX Exchange Stocks* 0 0 Jan-99 Jul-99 Jan-00 Jul-00 Jan-01 Jul-01 Jan-02…
  14. Investor Presentation – Freeport-Mcmoran Inc. – slide 14
    Revised Operating Plans Dramatic Shift in Economic Conditions in September/October Requires Change in Near-term Strategy Targeting Large Reductions in All Elements of Costs and Capital Expenditures Defer Discretionary Capital…
  15. Investor Presentation – Freeport-Mcmoran Inc. – slide 15
    Achievement of Significant Debt Reduction (US billions) 20 (1) 17.6 15 Total Debt 10 7.2 5 0 At Time of PD Acquisition 9/30/08 in March 2007 (1) Pro Forma year-end 2006 total debt of 1.6 billion plus 16 billion in…
  16. Investor Presentation – Freeport-Mcmoran Inc. – slide 16
    FCX Debt Maturities 9/30/08 6,000 (US millions) Total Debt & Cash at 9/30/08 5,000 (US billions) Senior Notes Issued in 2007 6.0 Heritage PD Debt 0.6 4,006 4,000 Other Debt 0.6 Total Debt 7.2 8.375% Senior Notes Consolidated…
  17. Investor Presentation – Freeport-Mcmoran Inc. – slide 17
    Financial Policy Since March 2007 Acquisition of Phelps Dodge, Strategy was Focused on Defining Potential of Resources and Development of Growth Plans Following Achievement of 10 Billion in Debt Reduction During 2007, Financial…

From the store

Browse maps, data & reports in the Shale Experts store