Achieve average mill rates of 360,000 metric tons of ore per day at Cerro Verde
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
- 26 Jan 2021
- Due
- 31 Dec 2021
- Delivered
- Q4 2021
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“FCX expects Cerro Verde's mill rates to average approximately 360,000 metric tons of ore per day in 2021”
What we found
Evidence strength A What the grades mean
Freeport-McMoRan exceeded its commitment, reporting that Cerro Verde's milling rates averaged 380,300 metric tons of ore per day for the full year 2021.
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A Freeport-McMoRan 8-K filed 2022-01-26
“Milling rates at Cerro Verde's concentrator facilities averaged 376,700 metric tons of ore per day in fourth-quarter 2021 and 380,300 metric tons of ore per day for the year 2021.” ✓ confirmed on the page
Market reaction: the shares moved -10.8% against the S&P 500 over the three sessions around the disclosure (25 Jan 2022 to 28 Jan 2022). 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
- Facility other
- Indicative materiality
- Medium rules
- Action
- Achieve
- Deliverable
- Cerro Verde mill rates
- Target
- 360,000 metric tons of ore per day
- Where
- Peru
- 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-2021-FCX-014843 · Corrections policy