Freeport-McMoRan Inc

Common Name
Freeport-McMoRan
Country
United States
Sector
Basic Materials
Industry
Copper
Employees
28,500
Ticker
FCX
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Freeport-McMoRan Inc. is a leading mining company with a strong focus on the extraction and processing of natural resources. Primarily engaged in the production of copper, gold, and molybdenum, the co...

Freeport-McMoRan Energy Data Preview

In 2023, Freeport-McMoRan disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Freeport-McMoRan disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Freeport-McMoRan also reported the types of energy sources as well as generation technologies, helping stakeholders evaluate Freeport-McMoRan's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Insights into Freeport-McMoRan's Energy Renewability

In 2023, Freeport-McMoRan consumed a total of 101,317 Gigajoules of energy across its operations. Of this total, 16.35% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 83.65% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

Freeport-McMoRan's Energy Renewability Rate

16%

How much of Freeport-McMoRan's energy consumed is renewable?

In 2023, Freeport-McMoRan consumed a total of 101,317 Gigajoules of energy, of which 16.35% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Freeport-McMoRan has considerable room to improve its energy sustainability strategy.

Insights into Freeport-McMoRan's Energy Consumption & Production Mix

In 2023, Freeport-McMoRan disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Freeport-McMoRan's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

Freeport-McMoRan's Energy Consumed by Sources and Technologies

Biomass, GeothermalEnergy, Hydropower,Solar Energy andWind Energy(100.0%)

What are the main sources and generation technologies behind Freeport-McMoRan's energy consumption?

In 2023, Freeport-McMoRan's total energy consumption was primarily sourced from

  • Biomass, Geothermal Energy, Hydropower, Solar Energy and Wind Energy (100%)

How diverse is Freeport-McMoRan’s energy consumption mix?

In 2023, Freeport-McMoRan consumed energy from 4 different sources or generation technologies, indicating a highly concentrated energy mix, with Biomass, Geothermal Energy, Hydropower, Solar Energy and Wind Energy alone accounting for 100% of total consumption.

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