Freeport-McMoRan has a total of 883 patents globally, out of which 527 have been granted. Of these 883 patents, more than 35% patents are active. USA is where Freeport-McMoRan has filed the maximum number of patents, followed by Europe and Japan, it has generated an annual revenue of $22.84 billion in the year 2021. Parallelly, USA seems to be the main focused R&D center and is also the origin country of Freeport-McMoRan.
Freeport-McMoRan Inc. was formed in 1981 when Freeport Minerals, formerly Texas Freeport Sulphur Company, and McMoRan Oil & Gas Company merged to establish Freeport-McMoRan Inc. Company is an American mining company based in Arizona, USA. As of March 2022, Freeport-McMoRan has a market cap of $68.27 Billion.
Do read about some of the most popular patents of Freeport-McMoRan which have been covered by us in this article and also you can find Freeport-McMoRan’ patents information, the worldwide patent filing activity and its patent filing trend over the years, and many other stats over Freeport-McMoRan’ patent portfolio.
How many patents does the founder and the CEO of Freeport-McMoRan have?
The founder, Eric Pierson Swenson, has 0 patents. The CEO, Richard Adkerson, has 0 patents.
How many patents does Freeport-McMoRan have?
Freeport-McMoRan has a total of 883 patents globally. These patents belong to 203 unique patent families. Out of 883 patents, 312 patents are active.
How Many Patents did Freeport-McMoRan File Every Year?
Are you wondering why there is a drop in patent filing for the last two years? It is because a patent application can take up to 18 months to get published. Certainly, it doesn’t suggest a decrease in the patent filing.
|Year of Patents Filing or Grant||Freeport-McMoRan Applications Filed||Freeport-McMoRan Patents Granted|
How many Freeport-McMoRan patents are Alive/Dead?
How Many Patents did Freeport-McMoRan File in Different Countries?
Countries in which Freeport-McMoRan Filed Patents
|United States Of America||225|
|Hong Kong (S.A.R.)||7|
Where are Research Centres of Freeport-McMoRan Patents Located?
10 Best Freeport-McMoRan Patents
US6468497B1 is the most popular patent in the Freeport-McMoRan portfolio. It has received 59 citations so far from companies like Honda Motor, Samsung, and Cyprus Amax Minerals Company.
Below is the list of 10 most cited patents of Freeport-McMoRan:
|Publication Number||Citation Count|
Which Companies are using Freeport-McMoRan Patents to Advance their Research?
If patents or patents from a particular technology area of a company receive a lot of citations, it implies that the technology is being followed and incrementally innovated by the citing companies. It also indicates that citing companies are working on similar and closely related technologies.
The top citing companies in the Freeport-McMoRan patent portfolio are Quantumsphere, Hitachi Chemical Company, and Outotec.
List of the top forward citing Companies –
|Company||Number of Patents|
|Hitachi Chemical Company||4|
|Elemetal Holding BV||2|
|Glas Trust Corporation Limited||2|
|Clean Resources Pte Ltd||1|
Count of 102 and 103 Type Rejections based on Freeport-McMoRan Patents
Top Freeport-McMoRan Patents used in Rejecting Most Patent Applications
|Patent Number||Count of Rejected Applications|
Machine learning, business process workflow, ERP, networking, and the internet of things are among the platforms that the company has invested in and developed. They analyse their milling and crushing processes, as well as downstream byproducts, with AI. The analysis also aids in the recovery process’ optimization.
Drones have been used in business by Freeport-McMoRan, with safety in mind. Instead of sending people into dangerous places to assess mine sites, Freeport-McMoRan employs a drone to get a bird’s eye view. The drone inspects highwalls, tailings, huge mill buildings, power lines, traffic flows, and other areas of their operations, as well as giving an additional airborne safety check prior to blasting and documenting blast sequencing.
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What are Freeport-McMoRan’s key innovation segments?