[2] Freeport, Texas was also established in Nov. 1912 to house workers, and serve as a port for Houston, rivaling Galveston and Corpus Christi.

Officers of the new holding company, Freeport Texas Company, were: The new corporation's principal assets were listed as: In 1919, minority stockholders John R. Williams & Sons, First National Bank of Richmond, Virginia vice-president, W. M. Addison, Benjamin P Alsopp, E. L. Norton, and Samuel W. Travers solicited proxies to use at the April 5th annual stockholders' meeting, claiming, according to reports, that "management has refused them adequate information regarding the property.

Swenson denies that information has been thus withheld and states that the board, which represents the dominant interests, has no vacancies at the present time.

[10] Williams eventually gained control of the company from founder Swenson, becoming its president in 1931, with Claiborne as a Vice-President, and Whitney as Chairman.

[14] In 1932, Freeport Sulphur Company acquired the sulfur rights for Lake Grande Ecaille and vicinity in Plaquemines Parish, Louisiana, and escalated the development of sulfur deposits in the Grand Ecaille dome in 1933, still using the Frasch Process developed by Dr. Herman Frasch, who had, in 1895, enjoined the American Sulphur Company into a partnership, forming the Union Sulphur Company, to initiate the first successful sulfur mining at Grand Ecaille, with which Freeport, like other competitors, would compete upon expiry of the Frasch patents in 1908.

[17] In 1959, Freeport geologists confirmed the 1936 Dutch discovery of the rich Ertsberg copper and gold deposits, now known as the Grasberg mine, in extremely rugged, remote country in the Jayawijaya Mountains in what was then called the Netherlands New Guinea.

Moving copper concentrate from that mill to the shipping port required installation of a 109-kilometre (68 mi) slurry pipeline – then the world's longest.

[22][20] In 1967 The McMoRan Oil and Gas Company was founded by three partners, William Kennon McWilliams Jr. ("Mc"), James Robert (Jim Bob) Moffett ("Mo"), who were both petroleum geologists, and Mack Rankin ("Ran"), a specialist in land-leasing and sales operations.

In 1981, the company formed a 70/30 joint venture with an affiliate of FMC Corporation to operate the Jerritt Canyon gold mine near Elko, Nevada.

[25][26] In 1989, the company sold about $1.5 billion in assets to finance development of the Grasberg mine and the Main Pass offshore sulfur-oil-gas deposit off Louisiana.

[31] In 2003, the company was subpoenaed as part of an investigation by anti-trust authorities in the United States, Canada, and Europe into price fixing in the copper industry.

[37] In 2015, the company announced job cuts at its Sierrita Mine in Arizona due to low copper and molybdenum prices.

[40] In 2016, Freeport sold its deepwater assets, including the Marlin TLP, and the Holstein and Horn Mountain spars, to Anadarko Petroleum.

[51] Arizona Colorado New Mexico Past board members include Henry Kissinger, John Hay Whitney, Robert A. Lovett, Benno C. Schmidt Sr., Gus Long, Arleigh Burke, J. Stapleton Roy, Godfrey Rockefeller and his cousin-in-law, Jean Mauzé.

The company responded that the payments did not go to individuals, but went into infrastructure, food, housing, fuel, travel, vehicle repairs, and allowances to cover incidental and administrative costs.

Another employee is said to have worked on a program to monitor environmentalists' telephone and email conversations, in collaboration with Indonesian military intelligence officers.

[59] The Grasberg mine's tailings "severely impacted" more than 11 square miles (28 km2) of rainforest, according to a 1996 Dames & Moore environmental audit.

[60] The report, endorsed by Freeport, also estimated that during the life of the mine 3.2 billion tons of waste rock – large components of which generate acid – would be dumped into the local river system.

[62] The Freeport geological team claimed that the collapse at the Big Gossan tunnel was caused by erosion of the ceiling, brought about by the continuous infiltration of the limestone wallrocks by corrosive acidic groundwater.

However, the company has been accused of funding the Indonesian government to secure its reserve through militaristic oppression of the native West Papuan people.

Freeport allegedly damaged 30.000 hectares of the rainforest and two major rivers, on which they depend for their food, water, livelihoods, and traditions.

[citation needed] Based on 2014 data, the Political Economy Research Institute ranked Freeport-McMoRan 13th among corporations emitting airborne pollutants in the U.S.

[68] After discovery of uranium and sulfate in the groundwater, Cyprus Tohono Corporation provided North Komelik residents with bottled water until 2003.

[74][75] In April 2012, the US Department of Justice announced that Freeport McMoran would pay $6.8 million to settle federal and state charges pertaining to the toxic outflow from its Morenci mine in Arizona.

[76] Freeport-McMoRan Inc reported Total CO2e emissions (Direct + Indirect) for the twelve months ending 31 December 2020 at 7,116 Kt (-653 /-8.4% y-o-y).