Freeport-McMoRan (FCX) 10-Q2023 Q1 Quarterly report

Filed: 4 May 23, 5:20pm

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New words: administered, al, anode, bound, CAMT, central, civil, clearing, commerce, competition, comprised, confidence, consumption, criteria, Daily, defend, disrupted, disruption, Docket, drilling, duty, effort, emerged, event, failure, foot, heightened, highly, inflationary, instability, Judicial, larger, lawsuit, leadership, local, Manyar, momentum, parallel, parish, persistent, pertaining, petition, Programsa, rainfall, receipt, resumed, revalidated, road, run, sector, situation, slightly, subsided, temporary, Terrebonne, unplanned, unrest, validly, vigorously, void, weighing

Removed: ADEQ, APP, applicant, approximating, aquifer, ARO, assessment, began, body, cease, cessation, clarity, constructed, contractor, decree, delay, depleted, DMLZ, due, economically, economy, elimination, employee, ESG, evaluate, exercised, failing, feasible, finance, greenfield, groundwater, human, Inalum, incorporate, invasion, liability, ministerial, municipal, objecting, obtained, opportunity, pending, percent, plan, profile, properly, proposed, province, quality, redemption, responded, retain, retirement, returned, royalty, Russia, scheduled, sentiment, September, stacking, submitted, term, turnaround, Ukraine, updating, valid, validating, waste, Week

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Exhibit 15.1

To the Board of Directors and Stockholders of Freeport-McMoRan Inc.:

We are aware of the incorporation by reference in the following Registration Statements:

1)Registration Statement (Form S-8 No. 333-115292) pertaining to the Freeport-McMoRan Copper & Gold Inc. 2004 Director Compensation Plan,

2)Registration Statement (Form S-8 No. 333-136084) pertaining to the Freeport-McMoRan Copper & Gold Inc. 2006 Stock Incentive Plan,

3)Registration Statement (Form S-8 No. 333-147413) pertaining to the Amended and Restated Freeport-McMoRan Copper & Gold Inc. 2006 Stock Incentive Plan,

4)Registration Statement (Form S-8 No. 333-189047) pertaining to the Plains Exploration & Production Company 2010 Incentive Award Plan; the Plains Exploration & Production 2004 Stock Incentive Plan; the McMoRan Exploration Co. Amended and Restated 2008 Stock Incentive Plan; the McMoRan Exploration Co. 2005 Stock Incentive Plan, as amended and restated; the McMoRan Exploration Co. 2004 Director Compensation Plan, as amended and restated; the McMoRan Exploration Co. 2003 Stock Incentive Plan, as amended and restated; the McMoRan Exploration Co. 2001 Stock Incentive Plan, as amended and restated; the McMoRan Exploration Co. 2000 Stock Incentive Plan, as amended and restated; the McMoRan Exploration Co. 1998 Stock Option Plan, as amended and restated; and the McMoRan Exploration Co. 1998 Stock Option Plan for Non-Employee Directors, as amended and restated,

5)Registration Statement (Form S-8 No. 333-212523) pertaining to the Freeport-McMoRan Inc. 2016 Stock Incentive Plan, and

6)Registration Statement (Form S-3 No. 333-258522) pertaining to the Freeport-McMoRan Inc. 2021

Automatic Shelf Registration Statement, as amended

of our report dated May 4, 2023 relating to the unaudited consolidated interim financial statements of Freeport-McMoRan Inc. that is included in its Form 10-Q for the quarter ended March 31, 2023.

/s/ Ernst & Young LLP

Phoenix, Arizona

May 4, 2023

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