Freeport-McMoRan’s story is one of transformation, risk-taking, and global reach. The company began in 1912 as the Freeport Sulphur Company, extracting sulfur from salt domes along the U.S. Gulf Coast. Over the decades, it evolved through diversification and bold acquisitions, eventually becoming one of the world’s leading producers of copper, gold, and molybdenum. Its defining moment came in the 1980s with the discovery and development of the Grasberg Mine in Indonesia - one of the largest gold