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On CNBC's “Halftime Report Final Trades,” Kevin Simpson, founder and CEO of Capital Wealth Planning, picked Freeport-McMoRan Inc. (NYSE:FCX) amid the recent pullback in copper.

Freeport-McMoRan (NYSE: FCX) is prioritizing the ramp-up of its Grasberg operations in Indonesia, potential U.S. production growth and an emerging leaching technology initiative that management believes could materially expand copper recovery from previously mined material. Speaking at a Jefferies conference in New York, Chief Executive Officer Kathleen Quirk said the company is entering a period of

Freeport-McMoRan Inc. (FCX) Presents at Jefferies Global Industrials Conference 2026 Transcript

FCX has gained 20% on strong earnings backed by higher copper prices, but higher costs and weaker volumes cloud its near-term outlook.

Freeport-McMoRan NYSE: FCX is prioritizing the ramp-up of its Grasberg operations in Indonesia, potential U.S. production growth and an emerging leaching technology initiative that management believes could materially expand copper recovery from previously mined material.

In the closing of the recent trading day, Freeport-McMoRan (FCX) stood at $71.21, denoting a -6.59% move from the preceding trading day.

Freeport-McMoRan Inc. (NYSE:FCX) shares are falling on Thursday after reports that the White House has yet to decide on copper tariffs, raising concern the administration may ultimately abandon the plan given worries about higher manufacturing costs. Here's what you should know.