FCX 4Q 2016 Earnings Conference Call - January 2017

Freeport-McMoRan presented its fourth quarter 2016 earnings results, highlighting refocused business strategy on copper, successful execution of the $4.6 billion Cerro Verde expansion, and strong operational performance including 19% reduction in unit production costs and 56% reduction in capital expenditures year-over-year. Net debt was reduced by over $8 billion during 2016.