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Related companies benefit from reduced US dependence on critical minerals

The Motley Fool +1 · ·by G4L

FCX Freeport-McMoRan Inc
$60.31 -3.24%
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  1. 1Efforts to reduce US dependence on Chinese critical minerals are benefiting related US critical mineral stocks.
  2. 2Freeport-McMoRan reported Q3 revenue of $7.5 billion and earnings per share (EPS) of $0.81.
  3. 3TMC The Metals Company expects to receive deep-sea mining permits from NOAA before Q4 2027.

So what's the key point?

Related companies are benefiting as the US works to lower its dependence on Chinese minerals. Freeport-McMoRan recorded $7.5 billion in Q3 revenue, and TMC The Metals Company is expecting deep-sea mining permits.

Source The Motley Fool +1 · View original ↗

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