|Bid||0.00 x 2200|
|Ask||0.00 x 4000|
|Day's Range||36.84 - 38.30|
|52 Week Range||16.81 - 46.10|
|Beta (5Y Monthly)||2.08|
|PE Ratio (TTM)||30.13|
|Earnings Date||Jan 24, 2022 - Jan 28, 2022|
|Forward Dividend & Yield||0.30 (0.91%)|
|Ex-Dividend Date||Jul 14, 2021|
|1y Target Est||44.56|
An Indonesian cabinet minister is pushing for American mining giant Freeport McMoRan to be allowed to expand its copper concentrate output so as to supply a planned smelter in the easternmost region of Papua, he said on Wednesday. Investment Minister Bahlil Lahadalia said many people in the provinces of Papua and West Papua had sought construction of what would be the first smelter in a region home to Freeport's Grasberg copper and gold mine. Bahlil said local arm PT Freeport Indonesia had annual capacity to produce 3 million tonnes of copper concentrate, or just enough for its existing smelter and another plant that is expected to start operations late in 2023 or early in 2024.
With the inflation pressures now undeniable, the question of finding a place to park the cash becomes a dire necessity for some. Yet, with the real estate peaking, stock market overheating and commodities not yielding, turning to thematic investing might be an ultimate solution.
(Bloomberg) -- Copper, aluminum and nickel erased early gains to resume their slide as the global energy crisis and growing concerns about global growth continue to roil the industry.Most Read from BloombergWhy Americans and Britons Are Rushing to Buy Idyllic Homes in ItalyThe Top Money Maker at Deutsche Bank Reaps Billions From SingaporeOne of California’s Wealthiest Counties Could Run Out of Water Next SummerCities' Answer to Sprawl? Go Wild.The Coming Electric Car Disruption That Nobody’s Tal