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Freeport-McMoRan Declares Quarterly Cash Dividend on Common Stock

PHOENIX–(BUSINESS WIRE)–
Freeport-McMoRan Inc. (NYSE: FCX) today declared a cash dividend of
$0.05 per share payable on November 2, 2015 to holders of record as of
October 15, 2015 for its common stock.

FCX is a premier U.S.-based natural resources company with an
industry-leading global portfolio of mineral assets, significant oil and
gas resources and a growing production profile. FCX is the world’s
largest publicly traded copper producer.

FCX’s portfolio of assets includes the Grasberg minerals district in
Indonesia, one of the world’s largest copper and gold deposits;
significant mining operations in the Americas, including the large-scale
Morenci minerals district in North America and the Cerro Verde operation
in South America; the Tenke Fungurume minerals district in the DRC; and
significant U.S. oil and natural gas assets in the Deepwater GOM,
onshore and offshore California and in the Haynesville natural gas
shale, and a position in the Inboard Lower Tertiary/Cretaceous natural
gas trend onshore in South Louisiana. Additional information about FCX
is available on FCX’s website at “.”

View source version on businesswire.com:

Source: Freeport-McMoRan Inc.

Freeport-McMoRan Inc.

Financial Contacts:

Kathleen
L. Quirk, 602-366-8016

or

David P. Joint,
504-582-4203

or

Media Contact:

Eric
E. Kinneberg, 602-366-7994