Slide 1: FCX 3rd Quarter 2025 Supplemental Financial Data
FCX 3rd Quarter 2025 Supplemental Financial Data October 23, 2025 fcx.com
Slide 2: Cautionary Statement
Cautionary Statement This presentation contains forward-looking statements in which FCX discusses its potential future performance, operations and projects. Forward-looking statements are all statements other than statements of historical facts, such as plans, projections or expectations relating to
Slide 3: Financial Highlights
Financial Highlights | Sales Data 3Q25 3Q24 Copper Consolidated Volumes, excluding purchases (mm lbs) 977 1,035 Average Realization (per lb) $ 4.68 $ 4.30 (1) Site Production & Delivery Costs (per lb) $ 2.71 $ 2.61 (1) Unit Net Cash Costs (per lb) $ 1.40 $ 1.39 Gold Consolidated Volumes (000’s ozs)
Slide 4: 3Q25 Mining Operating Summary
3Q25 Mining Operating Summary Sales From Mines for 3Q25 by Region United States South America (2) Indonesia (3) 554 426 339 316 360 278 293 332 (1) (1) 19 19 Cu Mo Au mm lbs mm lbs 000’s ozs 3Q25 3Q24 3Q25 3Q24 3Q25 3Q24 3Q25 3Q24 3Q25 3Q24 United South 3Q25 Unit Net Cash Costs (Credits) (per lb of
Slide 5: Strong Balance Sheet and Liquidity
Strong Balance Sheet and Liquidity Attractive Debt Maturity Profile (US$ bns) $8 Total Debt & Cash at 9/30/25 Significant liquidity PTFI Revolver $ 0.3 ▪ $4.3 bn in consolidated cash and cash equiv. FCX/FMC Senior Notes/Other 6.0 PTFI Senior Notes 3.0 ▪ $3.0 bn in availability under FCX credit facil
Slide 6: 2025e Outlook
2025e Outlook | Sales Outlook | Unit Net Cash Cost of Copper | Operating Cash Flows (2,4) | Capital Expenditures • Copper: 3.5 billion lbs • Site prod. & delivery(1) • ~$5.5 billion @ $4.75/lb • $3.9 billion (excluding o 2025e: $2.77/lb copper for 4Q25e PTFI’s downstream • Gold: 1.05 million ozs o 4
Slide 7: Adjusted EBITDA Reconciliation
Adjusted EBITDA Reconciliation 9 mos ended 12 mos ended ($ in mm) 3Q25 9/30/2025 9/30/2025 Net income attributable to common stock $674 $1,798 $2,072 Interest expense, net 107 259 329 Income tax provision 669 2,019 2,539 Depreciation, depletion and amortization 625 1,759 2,296 Net gain on sales of a
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