Item 2.02. Results of Operations and Financial Condition.

Freeport-McMoRan Inc. ("FCX") issued a press release dated April 24, 2020, announcing its revised operating plans in response to the COVID-19 pandemic and reporting its first-quarter 2020 financial and operating results. A copy of the press release is furnished hereto as Exhibit 99.1.

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On April 22, 2020, and in support of the company's efforts to reduce costs and conserve cash during the current period of uncertainty resulting from low copper prices and the economic downturn in connection with the COVID-19 pandemic, senior management recommended and the Compensation Committee of the Board of Directors of FCX approved a 25% reduction in the base salary of Richard C. Adkerson, the President and Chief Executive Officer, and Kathleen L. Quirk, the Executive Vice President and Chief Financial Officer (each an "Executive"), effective May 1, 2020 through the remainder of 2020. In addition, each Executive agreed that only 10% of the reduced base salary will be paid in cash to cover benefit premiums and other scheduled payroll deductions, with the remainder paid in an award of restricted stock units that will vest on December 31, 2020. Ms. Quirk and FCX have agreed that these changes will not trigger or otherwise modify any rights under her employment agreement. Mr. Adkerson does not have an employment agreement.

Item 7.01. Regulation FD Disclosure.

The slides to be presented in connection with FCX's previously announced conference call being webcast on the internet at 10:00 a.m. Eastern Time on April 24, 2020, to discuss FCX's revised operating plans and first-quarter 2020 results are furnished hereto as Exhibit 99.2.

The information furnished pursuant to Item 2.02 and Item 7.01 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.

Item 9.01. Financial Statements and Exhibits.



(d) Exhibits.
Exhibit
 Number                               Exhibit Title
  99.1   Press release dated April 24, 2020, titled "Freeport-McMoRan Announces
         Revised
         Operating Plans in Response to the COVID-19 Pandemic and Reports
         First-Quarter 2020 Results."

  99.2   Slides dated April 24, 2020, titled "FCX Conference Call to Discuss
         Revised Operating Plans in Response to COVID-19 Pandemic and
         First-Quarter 2020 Results."

  104    The cover page from this Current Report on Form 8-K, formatted in Inline
         XBRL.

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