Climate change poses considerable near- and long-term challenges, impacting both business and society. Copper’s unique qualities – superior electrical conductivity, durability and recyclability – make it an essential metal to the technologies required to support global decarbonization, such as solar and wind energy, electric vehicles and their charging infrastructure, among others. As global investment in electrification grows, the copper industry is expected to play a pivotal role. FCX is committed to supporting increased copper demand responsibly, which includes decarbonizing our own operations. We are committed to meeting this dual challenge through our global climate strategy.

Access to water is essential for our mines, smelters and other processing facilities and reclamation projects. We aim to secure reliable, long-term water supplies while maximizing water use efficiency within our operations. Access to safe drinking water and sanitation is a fundamental human right, essential to the well-being of communities and the environment. In partnership with local communities, we are working to implement best practices and plans that manage our water use and impacts on shared resources, protecting water rights for our operations and stakeholders for years to come.

Nature is fundamental to every aspect of our business, providing the water, ecosystems and mineral resources required to support safe and responsible metals production. As a global metals company, our operations can affect the natural environments in which we operate. This interdependence is at the core of our global nature strategy, which guides how we identify and manage our nature-related dependencies and impacts and integrates scientific insights into the decisions we make across our business. By deepening our understanding of how nature intersects with our operations and value chains, we are working to strengthen our business resilience, anticipate future risks and support global efforts to enhance nature.

Biodiversity is fundamental to maintaining resilient ecosystems across the globe, including in the areas in which we operate. We aim to contribute to the long-term resilience of biodiversity both within and beyond our own operations. FCX’s approach to responsibly managing biodiversity is centered around minimizing operational impacts, proactively conserving the biodiversity we interact with and, where necessary, mitigating impacts that cannot be avoided. This strategy is guided by robust internal frameworks such as our Environmental Policy, the mitigation hierarchy and our site-tailored biodiversity management plans, as well as site-specific initiatives that address the unique attributes of the ecosystems in which we operate.

Managing the waste we generate is a key component to complying with environmental regulations, maintaining community and environmental health, and being stewards of the environment in which we operate. We evaluate opportunities to reduce, reuse or recycle non-mineral waste wherever possible by implementing robust practices to identify, categorize, store and manage such waste. We seek to promote circular principles across our operations and value chain as a critical part of our overall waste management strategy.

We believe it is our responsibility to manage our impacts to the natural environment, including through reclamation of the land for post-mining use. While most of our mines operate for several decades or longer, we understand that closure is a significant part of any mine’s lifecycle. Our approach to mine closure begins well before mining activity starts and continues through decommissioning, reclamation and long-term monitoring, with a strong emphasis on transparency during our closure planning and implementation. We strive to restore mined areas to natural or productive states, conserve and enhance biodiversity, and actively engage with key stakeholders to support communities in their economic and social transitions beyond mining.