Forget MP Materials. This Established "Picks and Shovels" Mining Giant Is the Safer Way to Play the Metals Supercycle.

Forget MP Materials. This Established "Picks and Shovels" Mining Giant Is the Safer Way to Play the Metals Supercycle.

Key PointsFreeport-McMoRan offers investors a lower-risk option with strong upside potential in the metals supercycle.Copper demand is robust, and supply growth across the industry is constrained.Freeport-McMoran is well-positioned with expansion options and an exciting leaching initiative. 10 stocks we like better than Freeport-McMoRan › The metals supercycle argument holds that long-term spending on decarbonization, electrification, renewable …