In all cases, we seek to avoid involuntary displacement of people, whether physical or economic, and when unavoidable, we are committed to conducting community resettlement activities in alignment with international best practice. This requires careful planning and implementation, including information disclosure, consultation, and informed participation of affected people to minimize impacts through appropriate mitigation measures. This commitment is reflected in our Social Performance Policy and Human Rights Policy available on our website. We have not had any involuntary resettlement activities since 2016 when FCX sold its interest in the Tenke Fungurume mine in the Democratic Republic of Congo.

When resettlement is unavoidable, we develop a resettlement action plan, which can help to mitigate the adverse impacts of physical displacement, and a livelihood restoration plan, when applicable. We do this in line with host country laws and regulations, IFC Performance Standard 5: Land Acquisition & Involuntary Resettlement in addition to the UN Guiding Principles on Business and Human Rights.

Indigenous Peoples in Chile and Native Americans in the U.S. either currently or have historically occupied lands in proximity to our operations or have ancestral connections to these lands. Likewise, the Grasberg operating area in Indonesia is located where Indigenous Peoples of Central Papua hold customary land rights. FCX acknowledges and respects the social, economic and cultural rights of the Indigenous Peoples who have historically occupied areas on or near our operations or have ancestral connections to these lands.

To learn more, please see our 2023 ANNUAL REPORT ON SUSTAINABILITY

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