Freeport-McMoRan, Inc. (FCX) CEO Richard Adkerson on Q1 2022 Results - Earnings Call Transcript

Freeport-McMoRan, Inc. (NYSE:FCX) Q1 2022 Earnings Conference Call April 21, 2022 10:00 AM ET

Company Participants

Kathleen Quirk - President

Richard Adkerson - Chairman & CEO

Mark Johnson - President, Freeport-McMoRan Indonesia

Joshua Olmsted - President & COO, Americas

Conference Call Participants

Christopher LaFemina - Jefferies

Emily Chieng - Goldman Sachs Group

Orest Wowkodaw - Scotiabank

Alex Hacking - Citigroup

Lawson Winder - Bank of America Merrill Lynch

Abhinandan Agarwal - Deutsche Bank

Carlos De Alba - Morgan Stanley

Michael Dudas - Vertical Research Partners

Alexander Terentiew - Stifel Nicolaus

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Freeport-McMoRan First Quarter Conference Call. [Operator Instructions]. I would now like to turn the conference over to Ms. Kathleen Quirk, President. Please go ahead, ma'am.

Kathleen Quirk

Thank you, and good morning. Welcome to the Freeport-McMoRan conference call. Earlier this morning, we reported first quarter 2022 operating and financial results, and a copy of our press release and slides are available on our website at fcx.com.

Our conference call today is being broadcast live on the Internet, and anyone may listen to the call by accessing our website homepage and clicking on the webcast link for the conference call. In addition to analysts and investors, the financial press has been invited to listen to today's call, and a replay of the webcast will be available on our website later today.

Before we begin our comments, we'd like to remind everyone that today's press release and certain of our comments on the call include forward-looking statements, and actual results may differ materially. I'd like to refer everyone to the cautionary language included in our press release and presentation materials and to the risk factors described in our annual report on Form 10-K.

On the call with me today are Richard Adkerson, our Chairman and CEO. I'd also like to welcome Maree Robertson, our new CFO. She's joining us today on the call, and Maree joined us in March. We're delighted to have her on our team. Mark Johnson is on, who is the COO of our Indonesian business; Josh Olmsted, who is the COO of our Americas business; Mike Kendrick is on, who runs our global molybdenum business; and Steve Higgins is also on today, our Chief Administrative Officer.

Richard is going to start by making some opening comments and then we'll be going through the slide materials and the outlook included in our slide materials. So Richard, I'll turn it to you.