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Freeport-McMoRan

Commence feasibility studies to double Bagdad's operating rates

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 2022
Due
31 Dec 2022
Delivered
by 31 Dec 2022
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“Feasibility studies to double Bagdad's operating rates are expected to commence in 2022.”

What we found

Evidence strength A What the grades mean

The company confirmed it was conducting the feasibility study in its 2022 annual report, indicating the study had commenced within the 2022 timeframe.

  • A
    Freeport-McMoRan 10-K filed 2023-02-15 Regulatory filing · published 15 Feb 2023 · retrieved 18 Oct 2026 · kept permanently by the SEC · fingerprint 8b1d4a659769
    “We are engaging stakeholders and conducting a feasibility study, which is expected to be completed in 2023.” ✓ 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
Project other
Indicative materiality
Low rules
Action
Commence
Deliverable
Feasibility studies for Bagdad expansion
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: disagreesClaude (Anthropic) re-read the evidence blind and read it as “no_evidence”.
  4. Tie-breakA stronger model read the evidence and both earlier answers, without knowing which was recorded, and agrees with the recorded outcome.

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-2022-FCX-014849 · Corrections policy

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