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Freeport-McMoRan Stock Drops as Copper Tariff Uncertainty Hits

Guavy AI Editorial Team
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Copper
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Freeport-McMoRan stock fell by around 7 percent on September 10, 2026, due to renewed uncertainty over potential U.S. tariffs on refined copper.

This development interrupted the recent rally in copper prices and had a direct impact on sentiment towards Freeport-McMoRan, one of the world's largest producers of copper.

The company's second-quarter 2026 results showed continued growth in copper production and sales, leading to higher revenue compared to the prior year's quarter and increased operating cash flow.

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