Freeport-McMoRan, Inc.

Gentlemen, thank you for standing by and welcome to the Freeport-McMoran Update Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question and answer session. If you wish to ask a question during the Q&A session, press star 1 on your touchtone phone. If you require assistance during the conference, please press star 0. I'd 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, Freeport issued a press release providing an update on restart plans for the Grasberg Minerals District following the previously reported September 8 incident. A copy of today's press release and the presentation materials for today's call are available on our website, fcx.com. We also posted a video on the underground mining process at Grasberg in the incident. 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 into 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 Atterson, Chairman of the Board, Kathleen Quirk, President and Chief Executive Officer. Mark Johnson, President and Chief Operating Officer, Freeport-McMoran, Indonesia. Marie Robertson, Executive Vice President and CFO, and other senior members of our management team. Richard will make some opening remarks. Kathleen and Mark Johnson will review our slide materials, and then we'll open up the call for questions. Richard?

Thank you all for joining us today. I want to start this call by re-expressing our grief for the seven lost workers in this incident. At Freeport, we have a family culture. We feel responsibility for each of our people. My hardest days as CEO was when somebody got hurt on the job. That just makes us committed to finding out how this event happened and what we're going to do about it going forward to protect our people and our operations. It was unprecedented. We've had decades of experience in blockade mining underground. The whole operation has been a series of blockade mines since 2019, and we have a very experienced team. That team has come together to study this event and brought in outside experts to work with our own experts, all with the mission to say, how did this unexpected event happen? How can we respond to it? What are we going to do going forward? That's the purpose of the call today. Kathleen, Mark, and I have worked together for over three decades, and we have an excellent team of technical people working at the Grasberg District now. But we all share this common mission. Find out why, what we're going to do about it, and let's go forward. And that's what you're going to hear about today. Kathleen and Mark will lead the discussion.