Return Cerro Verde concentrator milling rates to approximately 400,000 metric tons of ore per day
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
- 22 Apr 2021
- Due
- 31 Dec 2022
- Delivered
- by 31 Dec 2022
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“plans to return to pre-COVID-19 pandemic levels of approximately 400,000 metric tons of ore per day in 2022”
What we found
Evidence strength A What the grades mean
The company successfully returned Cerro Verde's concentrator milling rates to over 400,000 metric tons of ore per day during 2022, meeting the stated commitment.
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A Freeport-McMoRan 10-K filed 2023-02-15
“Cerro Verde’s two concentrators were able to achieve a combined average milling rate exceeding 400,000 metric tons of ore per day in 2022.” ✓ 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 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
- Return
- Deliverable
- Cerro Verde concentrator milling rate
- Target
- 400,000 metric tons of ore per day
- Where
- Peru
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: subject to public health conditions
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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