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Freeport-McMoRan

Complete the Lone Star copper leach 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
23 Jan 2020
Due
31 Dec 2020
Delivered
by 31 Dec 2020
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“Capital expenditures for the year 2020 are expected to approximate $2.8 billion, including $1.8 billion for major projects primarily associated with underground development activities in the Grasberg minerals district in Indonesia and completion of the”

What we found

Evidence strength A What the grades mean

Freeport-McMoRan confirmed in multiple SEC filings that the Lone Star copper leach project was completed during the second half of 2020.

  • A
    Freeport-McMoRan 8-K filed 2021-01-26 Regulatory filing · published 26 Jan 2021 · retrieved 18 Oct 2026 · kept permanently by the SEC · fingerprint 6694040caead
    “the now completed Lone Star copper leach project” ✓ confirmed on the page
  • A
    Freeport-McMoRan 10-K filed 2022-02-15 Regulatory filing · published 15 Feb 2022 · retrieved 18 Oct 2026 · kept permanently by the SEC · fingerprint 2114043d4b35
    “the Lone Star copper leach project at our Safford mine, which was completed in the second half of 2020.” ✓ confirmed on the page

Market reaction: the shares moved -2.4% against the S&P 500 over the three sessions around the disclosure (25 Jan 2021 to 28 Jan 2021). What this measures

Checked 18 Oct 2026.

Commitment DNA

The structured record of this commitment. Fields the company did not state are left blank rather than guessed.

Event type
Construction
Indicative materiality
Medium rules
Action
Complete
Deliverable
Lone Star copper leach project
Where
Arizona
Language
Expected (“expects”, “plans”)
In the company’s control
High
Specificity
High

How this entry was checked

  1. Commitment recordedThe company's words were matched word for word against the filing.
  2. First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
  3. 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-2020-FCX-014835 · Corrections policy

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