8th World Antimony Forum

TBD
Guiyang, Guizhou, China

12th Rare Earth Summit

TBD
Hangzhou, Zhejiang, China

11th Aluminum Raw Materials Summit

TBD
Hangzhou, Zhejiang, China

9th Magnesium Summit

TBD
Hangzhou, Zhejiang, China

13th World InBiGeGa Forum

TBD
Hangzhou, Zhejiang, China

7th World Antimony Forum

June 13-14, 2019
Changsha, Hunan, China

7th Refractory & Abrasive Materials Summit 2019

May 23-24, 2019
Qingdao, Shandong, China

10th Aluminum Raw Materials Summit

May 16-17, 2019
Zhengzhou, Henan, China

11th Rare Earth Summit

May 9-10, 2019
Qingdao, Shandong, China

8th Magnesium Summit

April 11-12, 2019
Zhuhai, Guangdong, China

12th World InBiGeGa Forum

March 14-15, 2019
Zhuhai, Guangdong, China

Freeport not want to be 'distracted' by buyout offers, CFO says

2020-09-16 14:13:36   【Print】
Freeport McMoRan does not want to be distracted by any buyout offers and is focused on expanding its Grasberg mine in Indonesia and boosting cash flow, CFO Kathleen Quirk said on September 15.

Freeport is nearing the end of a $15B project to expand the world's largest copper mine, which is expected to significantly boost cash flow, and "we want to see our shareholders get the value from this plan as opposed to other shareholders getting the value," the CFO said.

Some 70% of the Grasberg expansion project should be completed by the end of 2020 and 90% by the middle of 2021, Quirk said.

Executives at Barrick Gold have openly talked about their interest in buying all or part of Freeport, especially Grasberg, but Quirk's comments reiterate CEO Richard Adkerson's declaration that he has no interest in any sale.

.Asian Metal Copyright Executives at Barrick Gold have openly talked about their interest in buying all or part of Freeport, especially Grasberg, but Quirk's comments reiterate CEO Richard Adkerson's declaration that he has no interest in any sale.Asian Metal Copyright