Begin initial production from the Lone Star project
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 25 Apr 2017
- Due
- 31 Dec 2021
- Delivered
- by 1 Jul 2020
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“Initial production from Lone Star is being planned from the oxide ores beginning in 2021”
What we found
Evidence strength A What the grades mean
The company began leaching operations at the Lone Star project in the second half of 2020, which is prior to the 2021 deadline.
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A Freeport-McMoRan 10-K filed 2023-02-15
“The only Safford deposit currently being mined is Lone Star, which began leaching operations in the second half of 2020” ✓ confirmed on the page
Market reaction: the shares moved -1.6% against the S&P 500 over the three sessions around the disclosure (14 Feb 2023 to 17 Feb 2023). What this measures
Checked 18 Oct 2026.
Commitment lineage
Every time the company restated this commitment. The original is never changed, and the outcome is always measured against version 1.
- Deadline drift -365 days
- 4 versions
-
Version 1 · original · stated 25 Apr 2017
Deadline 31 Dec 2021 (“beginning in 2021”) · wording expected
-
Version 2 · stated 25 Jan 2018
Deadline 31 Dec 2020 (“by the end of 2020”) · wording expected
“FCX has commenced a project to develop the Lone Star oxide ores with first production expected by the end of 2020.”
-
Version 3 · stated 6 Jul 2020
Deadline 31 Dec 2020 (“beginning in the second half of 2020”) · wording firm
“The Lone Star project is substantially complete and on track to produce approximately 200 million pounds of copper per annum beginning in the second half of 2020.”
-
Version 4 · stated 23 Jul 2020
Deadline 31 Dec 2020 (“beginning in the second half of 2020”) · target 200 million pounds · wording firm
“The Lone Star project is substantially complete and on track to produce approximately 200 million pounds of copper annually beginning in the second half of 2020.”
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Production start
- Indicative materiality
- High rules
- Action
- Begin
- Deliverable
- Lone Star project oxide ore production
- Where
- Arizona
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- High
- Specificity
- High
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2017-FCX-014814 · Corrections policy