基本信息
文件名称：【Jefferies-2025研报】自由港麦克莫兰公司（FCX）：曼雅尔冶炼厂重启.pdf
文件大小：1 MB
总页数：9 页
更新时间：2025-05-25
总字数：约4.94万字
文档摘要
USA|MetalsMining
EquityResearch
Freeport-McMoRanMay22,2025
ManyarSmelterRestartsCOMPANYUPDATE
RATINGBUY
MediasourcesinIndonesiareportthatFreeport’sManyarSmelterisnowback
inoperationfollowingcompletionofrepairwork.ThesmelterhadbeenshutPRICE$37.70^
downsinceafiredamagedtheplantinOctober2024.AccordingtothereportsPRICETARGET|%TOPT$50.00|+33%
thesmelterisontracktostartproducingcoppercathodesbytheendofJune52WHIGH-LOW$53.89-$27.66
andtobefullyrampedupbyendofyear.Inthemeantime,FreeportwillcontinueFLOAT(%)|ADVMM(USD)98.9%|535.54
toexportcopperconcentrates.ReiterateBuy.MARKETCAP$54.4B
TICKERFCX
RepairsCompletedAheadofSchedule:AfirelastOctoberdamagedFreeport’snewManyar^Priortradin