- Freeport-McMoRan Q3 net income $1.2B, copper price $6.54/lb, unit net cash costs $2.07/lb.
Q3 earnings from Freeport, Nucor, Kaiser, ATI, and Americas Gold and Silver reflect higher realized metal prices, driven by expanded Section 232 tariffs. Freeport net income $1.2B, Nucor $1.32B, ATI raised guidance. Trade policy remains the backdrop.
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