# If Freeport-McMoRan Inc. moves, who benefits? How far does the value-chain ripple reach?
Canonical: https://valuechain.wiki/freeport-mcmoran · Facet: ripple · Updated: 2026-09-11T15:32:17.76859+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Per the valuechain.wiki graph, Freeport-McMoRan Inc. is directly linked to 3 companies (1 supply, 2 revenue relationships) and reaches 6 companies within two hops; the links are backed by 7 dated sources, 3 of them primary filings (as of 2026-09-11).

Freeport-McMoRan Inc. operates across Copper and gold miner. It is up +44.2% in 2026. Demand side (avg +9.5%), the stock (+44.2%) and supply side (avg +42.9%) are moving in step. Propagation has completed a lap, so the next leg depends on individual results more than chain direction. Among connected nodes the furthest ahead is Caterpillar (+42.9%) and the furthest behind is Sumitomo Metal Mining (+9.5%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. It spends on mining equipment and smelting and refining services while also investing in Indonesian processing assets.

## Demand chain (leading)
- T1 Mitsubishi Materials (https://valuechain.wiki/mitsubishi-materials.md)
- T1 Sumitomo Metal Mining (https://valuechain.wiki/sumitomo-metal-mining.md)
- T2 Panasonic Energy (https://valuechain.wiki/panasonic-energy.md)
- T3 Tesla (https://valuechain.wiki/tesla.md)
- T3 Mazda Motor (https://valuechain.wiki/mazda-motor.md)
- T2 Toyota Motor Corporation (https://valuechain.wiki/toyota.md)

## Supply chain (benefiting)
- T1 Caterpillar (https://valuechain.wiki/caterpillar.md)
- T2 Nucor Corporation (https://valuechain.wiki/nucor.md)
- T3 NuScale Power (https://valuechain.wiki/nuscale.md)

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Full node: https://valuechain.wiki/freeport-mcmoran.md · JSON: https://valuechain.wiki/freeport-mcmoran.json