Freeport-McMoRan, Inc.

we will conduct a question and answer session. If you wish to ask a question during the Q&A session, press star one on your touchtone phone. If you require assistance during the conference, please press star zero. I would now like to turn the conference over to Mr. David Joint, Vice President, Investor Relations. Please go ahead, sir.

Good morning, everyone, and welcome to the Freeport conference call. Earlier this morning, FCX reported its fourth quarter and full year 2024 operating and financial results. A copy of today's release with supplemental schedules and slides are available on our website, fcx.com. Today's conference call is being broadcast live on the internet. Anyone may listen to the conference call by accessing our website homepage and clicking on the webcast link for the conference call. In addition to analysts and investors, the financial press has been invited to listen to today's call. A replay of the webcast will be available on our website later today. Before we begin our comments, we'd like to remind everyone that today's press release and certain of our comments on the call include non-GAAP measures and forward-looking statements, and actual results may differ materially. Please refer to the cautionary language included in our press release and slides and to the risk factors described in our SEC filings, all of which are available on our website. Also on the call with me today are Richard Ackerson, Chairman of the Board, Kathleen Quirk, President and Chief Executive Officer, Marie Robertson, Executive Vice President and CFO, and other senior members of our management team. Richard will make some opening remarks. Kathleen and Marie will review our slide materials, and then we'll open up the call for questions. Richard?

Good morning, everyone. Thank you all for joining us. Kathleen will review our continuing strong operating performance, a strong financial position, and our significant organic growth opportunities. Marie will review our financial outlook. It goes without saying we're living in a very interesting world today. We have new presidents in the United States and in Indonesia. At Freeport, We will support their administrations as we do in all the countries where we operate. I first worked with Prabodh Subianto in Indonesia in the late 1990s when he was general in Kapasas. At that time, he helped us resolve social unrest in our operating area of Papua. Kathleen and I met with him recently in Jakarta, again in Washington, and in Lima at APEC. I was very impressed by his knowledge of global affairs, and his candid engagement on issues important to investors. We're now working with his government on several issues important to our company, including obtaining permission to continue exporting copper concentrates in 2025 as we complete repairs from the unfortunate fire at our massive new smelter and as we work on the extension of our license to operate beyond 2041. I'm confident we will find common ground on these and other issues as we have done over the almost 60 years of our operating in Indonesia. I'll turn the call over to Kathleen and look forward to her comments.