SEC Info  
    Home      Search      My Interests      Help      Sign In      Please Sign In

Freeport-McMoRan Inc. – ‘10-K’ for 12/31/23 – ‘EX-23.1’

On:  Thursday, 2/15/24, at 6:00pm ET   ·   As of:  2/16/24   ·   For:  12/31/23   ·   Accession #:  831259-24-11   ·   File #:  1-11307-01

Previous ‘10-K’:  ‘10-K’ on 2/15/23 for 12/31/22   ·   Latest ‘10-K’:  This Filing   ·   35 References:   

Find Words in Filings emoji
 
  in    Show  and   Hints

  As Of               Filer                 Filing    For·On·As Docs:Size

 2/16/24  Freeport-McMoRan Inc.             10-K       12/31/23  134:44M

Annual Report   —   Form 10-K   —   SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   6.52M 
 2: EX-10.7     Material Contract                                   HTML     38K 
 3: EX-21.1     Subsidiaries List                                   HTML     38K 
 4: EX-22.1     Published Report re: Matters Submitted to a Vote    HTML     36K 
                of Security Holders                                              
 5: EX-23.1     Consent of Expert or Counsel                        HTML     38K 
 6: EX-23.4     Consent of Expert or Counsel                        HTML     50K 
 7: EX-24.1     Power of Attorney                                   HTML     37K 
 8: EX-24.2     Power of Attorney                                   HTML     68K 
13: EX-95.1     Mine-Safety Disclosure                              HTML    174K 
20: EX-96.3     Mining Disclosure -- a2023trsmorenci                 PDF   6.03M 
14: EX-97       Clawback Policy re: Recovery of Erroneously         HTML     69K 
                Awarded Compensation                                             
 9: EX-31.1     Certification -- §302 - SOA'02                      HTML     41K 
10: EX-31.2     Certification -- §302 - SOA'02                      HTML     41K 
11: EX-32.1     Certification -- §906 - SOA'02                      HTML     38K 
12: EX-32.2     Certification -- §906 - SOA'02                      HTML     38K 
21: R1          Cover Page                                          HTML    102K 
22: R2          Audit Information                                   HTML     41K 
23: R3          Consolidated Statements of Operations               HTML    132K 
24: R4          Consolidated Statements of Comprehensive Income     HTML     79K 
                (Loss)                                                           
25: R5          Consolidated Statements of Cash Flows               HTML    162K 
26: R6          Consolidated Balance Sheets                         HTML    162K 
27: R7          Consolidated Balance Sheets (Parenthetical)         HTML     42K 
28: R8          Consolidated Statements of Equity                   HTML    106K 
29: R9          Summary of Significant Accounting Policies (Notes)  HTML    100K 
30: R10         Dispositions and Acquisitions Dispositions and      HTML     40K 
                Acquisitions                                                     
31: R11         Ownership in Subsidiaries and Joint Ventures        HTML     50K 
32: R12         Inventories, Including Long-Term Mill and Leach     HTML     58K 
                Stockpiles                                                       
33: R13         Property, Plant, Equipment and Mining Development   HTML     54K 
                Costs, Net                                                       
34: R14         Other Assets                                        HTML     60K 
35: R15         Accounts Payable and Accrued Liabilities            HTML     55K 
36: R16         Debt                                                HTML    134K 
37: R17         Other Liabilities, Including Employee Benefits      HTML    518K 
38: R18         Stockholders' Equity and Stock-Based Compensation   HTML    135K 
                (Notes)                                                          
39: R19         Income Taxes                                        HTML    165K 
40: R20         Contingencies                                       HTML    156K 
41: R21         Commitments and Guarantees                          HTML     82K 
42: R22         Financial Instruments (Notes)                       HTML    133K 
43: R23         Fair Value Measurement (Notes)                      HTML    207K 
44: R24         Business Segments Information                       HTML    474K 
45: R25         Supplementary Mineral Reserve Information           HTML    157K 
                (Unaudited) Supplementary Mineral Reserve                        
                Information                                                      
46: R26         Schedule Ii - Valuation and Qualifying Accounts     HTML     73K 
                Schedule Ii - Valuation and Qualifying Accounts                  
                (Notes)                                                          
47: R27         Insider Trading Arrangements                        HTML     42K 
48: R28         Summary of Significant Accounting Policies          HTML    143K 
                (Policies)                                                       
49: R29         Summary of Significant Accounting Policies          HTML     63K 
                (Tables)                                                         
50: R30         Inventories, Including Long-Term Mill and Leach     HTML     58K 
                Stockpiles (Tables)                                              
51: R31         Property, Plant, Equipment and Mining Development   HTML     52K 
                Costs, Net (Tables)                                              
52: R32         Other Assets (Tables)                               HTML     60K 
53: R33         Accounts Payable and Accrued Liabilities (Tables)   HTML     55K 
54: R34         Debt (Tables)                                       HTML    126K 
55: R35         Other Liabilities, Including Employee Benefits      HTML    273K 
                (Tables)                                                         
56: R36         Stockholders' Equity and Stock-Based Compensation   HTML    137K 
                (Tables)                                                         
57: R37         Income Taxes (Tables)                               HTML    189K 
58: R38         Contingencies (Tables)                              HTML    108K 
59: R39         COMMITMENTS AND GUARANTEES Leases (Tables)          HTML     72K 
60: R40         Financial Instruments (Tables)                      HTML    171K 
61: R41         Fair Value Measurement (Tables)                     HTML    202K 
62: R42         Business Segments Information (Tables)              HTML    224K 
63: R43         Supplementary Mineral Reserve Information           HTML    155K 
                (Unaudited) (Tables)                                             
64: R44         Summary of Significant Accounting Policies          HTML     64K 
                (Details)                                                        
65: R45         Summary of Significant Accounting Policies          HTML     79K 
                (Earnings Per Share) (Details)                                   
66: R46         Dispositions and Acquisitions (Freeport Cobalt)     HTML     70K 
                (Details)                                                        
67: R47         Dispositions and Acquisitions (PT Smelting)         HTML     45K 
                (Details)                                                        
68: R48         OWNERSHIP IN SUBSIDIARIES AND JOINT VENTURES -      HTML     75K 
                Ownership in Subsidiaries (Details)                              
69: R49         OWNERSHIP IN SUBSIDIARIES AND JOINT VENTURES -      HTML    117K 
                PT-FI Divestment (Details)                                       
70: R50         OWNERSHIP IN SUBSIDIARIES AND JOINT VENTURES -      HTML     82K 
                Joint Venture (Details)                                          
71: R51         Inventories, Including Long-Term Mill and Leach     HTML     60K 
                Stockpiles (Components of Inventories) (Details)                 
72: R52         Property, Plant, Equipment and Mining Development   HTML     81K 
                Costs, Net (Schedule of PPE) (Details)                           
73: R53         Other Assets (Details)                              HTML     93K 
74: R54         Accounts Payable and Accrued Liabilities (Details)  HTML     73K 
75: R55         DEBT - Components of Debt (Details)                 HTML    100K 
76: R56         DEBT - Revolving Credit Facility (Details)          HTML     72K 
77: R57         DEBT - Senior Notes (Details)                       HTML     92K 
78: R58         DEBT - Schedule of Senior Notes (Details)           HTML     90K 
79: R59         DEBT - PT-FI Credit Facility (Details)              HTML     66K 
80: R60         DEBT - Cerro Verde Loans (Details)                  HTML     46K 
81: R61         DEBT - Maturities (Details)                         HTML     53K 
82: R62         Other Liabilities, Including Employee Benefits      HTML     54K 
                Other Liabiliteis, Including Employee Benefit                    
                (Components of Other Liabilities) (Details)                      
83: R63         Other Liabilities, Including Employee Benefits      HTML     69K 
                (Penion Plans) (Details)                                         
84: R64         Other Liabilities, Including Employee Benefits      HTML    157K 
                (Schedule of Disclosures) (Details)                              
85: R65         Other Liabilities, Including Employee Benefits -    HTML     57K 
                Costs Not Yet Recognized (Details)                               
86: R66         Other Liabilities, Including Employee Benefits      HTML    136K 
                (Schedule of FV of Financial Assets for Pension                  
                Plans) (Details)                                                 
87: R67         Other Liabilities, Including Employee Benefits      HTML     57K 
                (Expected Benefit Payments) (Details)                            
88: R68         Other Liabilities, Including Employee Benefits      HTML     60K 
                (Postretirement and Other Benefits) (Details)                    
89: R69         Stockholders' Equity and Stock-Based Compensation   HTML     83K 
                (Details)                                                        
90: R70         Stockholders' Equity and Stock-Based Compensation   HTML     68K 
                (Accumulated Other Comprehensive Income) (Details)               
91: R71         Stockholders' Equity and Stock-Based Compensation   HTML    120K 
                Stockholders' Equity and Stock-Based Compensation                
                (Stock Option and SARs) (Details)                                
92: R72         Stockholders' Equity and Stock-Based Compensation   HTML     96K 
                Stockholders' Equity and Stock-Based Compensation                
                (Equity RSUs and PSUs) (Details)                                 
93: R73         Stockholders' Equity and Stock-Based Compensation   HTML     87K 
                Stockholders' Equity and Stock-Based Compensation                
                (Cash-settled RSUs and PSUs) (Details)                           
94: R74         Stockholders' Equity and Stock-Based Compensation   HTML     45K 
                Stockholders' Equity and Stock-Based Compensation                
                (Other info) (Details)                                           
95: R75         Income Taxes (Income before Income taxes and        HTML     45K 
                equity in affiliated companies' net earnings)                    
                (Details)                                                        
96: R76         Income Taxes (Provision for (Benefit From) Income   HTML     68K 
                Taxes) (Details)                                                 
97: R77         Income Taxes (Reconciliation of U.S. federal        HTML    102K 
                statutory rate to effective tax rate) (Details)                  
98: R78         Income Taxes (Narrative) (Details)                  HTML    143K 
99: R79         Income Taxes (Components of deferred tax assets     HTML     67K 
                and liabilities) (Details)                                       
100: R80         Income Taxes (Reserve for unrecognized tax          HTML     51K  
                benefits, interest and penalties) (Details)                      
101: R81         Contingencies (Environmental Obligations)           HTML    129K  
                (Details)                                                        
102: R82         Contingencies (Asset Retirement Obligations)        HTML     58K  
                (Details)                                                        
103: R83         Contingencies (Financial Assurances) (Details)      HTML     51K  
104: R84         Contingencies (Environmental and Reclamation        HTML     65K  
                Programs) (Details)                                              
105: R85         Contingencies (Oil and Gas Properties) (Details)    HTML     48K  
106: R86         Contingencies (Litigation) (Details)                HTML     74K  
107: R87         Contingencies (Tax and Other Matters) (Details)     HTML    112K  
108: R88         Contingencies (Tax Matters by Tax Year) (Details)   HTML     86K  
109: R89         Contingencies (Letters of Credit, Bank Guarantees   HTML     44K  
                and Surety Bonds) (Details)                                      
110: R90         Contingencies (Insurance) (Details)                 HTML     48K  
111: R91         Commitments and Guarantees (Operating Leases)       HTML     91K  
                (Details)                                                        
112: R92         Commitments and Guarantees (Contractual             HTML     59K  
                Obligations) (Details)                                           
113: R93         Commitments and Guarantees (Special Mining License  HTML     90K  
                (Iupk)) (Details)                                                
114: R94         Commitments and Guarantees (Other and Community     HTML     51K  
                Development Programs) (Details)                                  
115: R95         Financial Instruments (Unrealized gains losses)     HTML     77K  
                (Details)                                                        
116: R96         Financial Instruments (Unsettled Derivatives)       HTML     93K  
                (Details)                                                        
117: R97         Financial Instruments (Derivative) (Details)        HTML     60K  
118: R98         Fair Value Measurement (Details)                    HTML    225K  
119: R99         Fair Value Measurement Fair Value Measurement       HTML     45K  
                (Unobservable inputs) (Details)                                  
120: R100        Business Segments Information (Product Revenue)     HTML     91K  
                (Details)                                                        
121: R101        Business Segments Information (Long Lived Assets    HTML     48K  
                by Geographic Area) (Details)                                    
122: R102        Business Segments Information (Revenues by          HTML     76K  
                Geographic Area of Customer) (Details)                           
123: R103        Business Segments Information (Customers and Labor  HTML     62K  
                Matters) (Details)                                               
124: R104        Business Segments Information (Business Segments    HTML     64K  
                Narrative) (Details)                                             
125: R105        Business Segments Information (Segment Reporting)   HTML    246K  
                (Details)                                                        
126: R106        Supplementary Mineral Reserve Information           HTML     54K  
                (Unaudited) (Details)                                            
127: R107        Supplementary Mineral Reserve Information           HTML     99K  
                (Unaudited) (Recoverable Reserves) (Details)                     
128: R108        Supplementary Mineral Reserve Information           HTML    177K  
                (Unaudited) (Ore Reserves) (Details)                             
129: R109        Schedule Ii - Valuation and Qualifying Accounts     HTML     65K  
                (Details)                                                        
131: XML         IDEA XML File -- Filing Summary                      XML    249K  
134: XML         XBRL Instance -- fcx-20231231_htm                    XML   7.21M  
130: EXCEL       IDEA Workbook of Financial Report Info              XLSX    351K  
16: EX-101.CAL  XBRL Calculations -- fcx-20231231_cal                XML    311K 
17: EX-101.DEF  XBRL Definitions -- fcx-20231231_def                 XML   2.19M 
18: EX-101.LAB  XBRL Labels -- fcx-20231231_lab                      XML   4.04M 
19: EX-101.PRE  XBRL Presentations -- fcx-20231231_pre               XML   2.74M 
15: EX-101.SCH  XBRL Schema -- fcx-20231231                          XSD    377K 
132: JSON        XBRL Instance as JSON Data -- MetaLinks              966±  1.47M  
133: ZIP         XBRL Zipped Folder -- 0000831259-24-000011-xbrl      Zip   9.59M  


‘EX-23.1’   —   Consent of Expert or Counsel


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



 C:   C: 
  Document  

Exhibit 23.1

Consent of Independent Registered Public Accounting Firm

We consent to the incorporation by reference in the following Registration Statements:

1)Registration Statement (Form S-8 No. 333-115292) pertaining to the Freeport-McMoRan Copper & Gold Inc. 2004 Director Compensation Plan,
2)Registration Statement (Form S-8 No. 333-136084) pertaining to the  Freeport-McMoRan Copper & Gold Inc. 2006 Stock Incentive Plan,
3)Registration Statement (Form S-8 No. 333-147413) pertaining to the Amended and Restated Freeport-McMoRan Copper & Gold Inc. 2006 Stock Incentive Plan,
4)Registration Statement (Form S-8 No. 333-189047) pertaining to the Plains Exploration & Production Company 2010 Incentive Award Plan; the Plains Exploration & Production 2004 Stock Incentive Plan; the McMoRan Exploration Co. Amended and Restated 2008 Stock Incentive Plan; the McMoRan Exploration Co. 2005 Stock Incentive Plan, as amended and restated; the McMoRan Exploration Co. 2004 Director Compensation Plan, as amended and restated; the McMoRan Exploration Co. 2003 Stock Incentive Plan, as amended and restated; the McMoRan Exploration Co. 2001 Stock Incentive Plan, as amended and restated; the McMoRan Exploration Co. 2000 Stock Incentive Plan, as amended and restated; the McMoRan Exploration Co. 1998 Stock Option Plan, as amended and restated; and the McMoRan Exploration Co. 1998 Stock Option Plan for Non-Employee Directors, as amended and restated,
5)Registration Statement (Form S-8 No. 333-212523) pertaining to the Freeport-McMoRan Inc. 2016 Stock Incentive Plan, and
6)Registration Statement (Form S-3 No. 333-258522) pertaining to the Freeport-McMoRan Inc. 2021
Automatic Shelf Registration Statement, as amended

of our reports dated February 15, 2024, with respect to the consolidated financial statements and schedule of Freeport-McMoRan Inc. and the effectiveness of internal control over financial reporting of Freeport-McMoRan Inc. included in this Annual Report (Form 10-K) for the year ended December 31, 2023.

/s/ Ernst & Young LLP

Phoenix, Arizona
February 15, 2024



Dates Referenced Herein

This ‘10-K’ Filing    Date    Other Filings
Filed as of:2/16/24None on these Dates
Filed on:2/15/24
For Period end:12/31/23
 List all Filings 


1 Subsequent Filing that References this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 5/08/24  Freeport-McMoRan Inc.             10-Q        3/31/24   56:11M


34 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/15/23  Freeport-McMoRan Inc.             10-K       12/31/22  139:81M
10/25/22  Freeport-McMoRan Inc.             8-K:1,2,9  10/19/22   11:979K                                   Donnelley … Solutions/FA
 2/15/22  Freeport-McMoRan Inc.             10-K       12/31/21  143:54M
 2/16/21  Freeport-McMoRan Inc.             10-K       12/31/20  139:34M
 8/07/20  Freeport-McMoRan Inc.             10-Q        6/30/20   56:17M
 7/27/20  Freeport-McMoRan Inc.             8-K:1,2,8,9 7/27/20   15:688K                                   Donnelley … Solutions/FA
 6/03/20  Freeport-McMoRan Inc.             8-K:1,2,5,8 6/03/20   14:581K
 3/04/20  Freeport-McMoRan Inc.             8-K:1,2,8,9 3/04/20   14:626K                                   Donnelley … Solutions/FA
 8/15/19  Freeport-McMoRan Inc.             8-K:1,2,8,9 8/15/19   15:1.1M                                   Donnelley … Solutions/FA
 2/15/19  Freeport-McMoRan Inc.             10-K       12/31/18  159:46M
11/09/18  Freeport-McMoRan Inc.             10-Q        9/30/18   68:22M
 2/20/18  Freeport-McMoRan Inc.             10-K       12/31/17  160:43M
 2/24/17  Freeport-McMoRan Inc.             10-K       12/31/16  154:60M
 6/09/16  Freeport-McMoRan Inc.             8-K:5,9     6/08/16    4:471K
 2/26/16  Freeport-McMoRan Inc.             10-K       12/31/15  143:49M
 8/10/15  Freeport-McMoRan Inc.             8-A12B/A               2:406K                                   Donnelley … Solutions/FA
 2/27/15  Freeport-McMoRan Inc.             10-K       12/31/14  155:65M
11/14/14  Freeport-McMoRan Inc.             8-K:1,2,8,911/10/14    9:975K                                   Donnelley … Solutions/FA
 2/27/14  Freeport-McMoRan Inc.             10-K       12/31/13  143:55M
12/23/13  Freeport-McMoran Inc.             8-K:5,9    12/19/13    3:785K
 6/03/13  Freeport-McMoran Inc.             8-K:1,2,3,5 5/31/13   12:605K                                   Donnelley … Solutions/FA
 3/07/13  Freeport-McMoran Inc.             8-K:1,2,9   3/07/13    7:2.3M                                   Davis Polk & … LLP 01/FA
 2/13/12  Freeport-McMoran Inc.             8-K:1,8,9   2/08/12    7:814K                                   Donnelley … Solutions/FA
 4/29/11  Freeport-McMoran Inc.             8-K:5,9     4/27/11    3:65K
 8/06/10  Freeport-McMoran Inc.             10-Q        6/30/10   52:16M
 2/26/09  Freeport-McMoran Inc.             10-K       12/31/08   22:10M
 5/12/08  Freeport-McMoran Inc.             10-Q        3/31/08   10:2.7M
 2/05/07  Freeport-McMoran Inc.             8-K:5,9     1/30/07    3:192K
 6/07/05  Phelps Dodge Corp.                8-K:1,9     6/01/05    2:90K                                    Donnelley … Solutions/FA
 3/22/05  Phelps Dodge Corp.                8-K:1,2,9   3/18/05    3:405K                                   Donnelley … Solutions/FA
 3/07/05  Phelps Dodge Corp.                10-K       12/31/04   14:2.5M                                   Bowne - BPX/FA
 5/30/01  Phelps Dodge Corp.                8-K:7       5/29/01    4:86K                                    Donnelley … Solutions/FA
11/03/97  Phelps Dodge Corp.                8-K:7      10/31/97    4:89K                                    Bowne - BPX/FA
 9/25/97  Phelps Dodge Corp.                S-3                    8:350K                                   Bowne - BPX/FA
Top
Filing Submission 0000831259-24-000011   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Copyright © 2024 Fran Finnegan & Company LLC – All Rights Reserved.
AboutPrivacyRedactionsHelp — Wed., May 15, 2:51:04.3am ET