How Would The Sale Of Freeport’s African Mines Impact Its Copper Mining Operations?

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Freeport-McMoRan recently announced an agreement for the sale of its interest in TF Holdings, which represents the company’s ownership interest in its African copper mines. The deal is expected to close in Q4 2016. Though the sale of the company’s interest in its African mining operations would lower its copper mining shipments and revenue by around 11% in 2017, the EBITDA margin for its copper mining operations would remain largely unchanged.

Impact Of Sale Of Africa Mines On Copper Mining Operations

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Notes:

1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Freeport-McMoRan

 

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