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FCX posts strong Q2 volume gains in copper and gold, but a subdued Q3 outlook hints at hurdles for sustained momentum.

Toronto, Ontario--(Newsfile Corp. - August 6, 2025) - C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF) ("C3 Metals" or the "Company") is pleased to announce that recently completed ground-based geophysical surveys have identified large-scale anomalies coincident with high tenor soil geochemistry on its 100% owned Khaleesi copper-gold project ("Khaleesi or the "Project") in Southern Peru. Magnetic ("Mag"), Induced Polarization ("IP") and MagnetoTelluric ("MT") anomalies coincide with a recently defined high-grade copper-molybdenum in soil anomaly measuring 1,900m by up to 650m and a high-grade copper-zinc in soil anomaly measuring 470m by 400m (see press release dated February 19, 2025).

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Freeport-McMoRan (FCX 3.12%) shares were down by almost 10% during the week to Thursday at noon. The decline stems from the Trump administration's decision to exempt refined copper imports from 50% tariffs.

Key Points in This Article: President Trump's decision to limit copper tariffs to semi-finished products caused a sharp price drop, impacting U.S.

Toronto, Ontario--(Newsfile Corp. - July 31, 2025) - C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF) ("C3 Metals" or the "Company") is pleased to announce that it has strengthened its technical team through the appointment of Dr. Stephanie Sykora to the position of Chief Geologist. Dr. Sykora will commence her employment with C3 Metals effective August 15, 2025.

The tariff uncertainties have triggered the higher copper stockpiling and spot prices, which consequently contributed to FCX's robust FQ2'25 numbers on a QoQ/ YoY basis. Even so, the management has unceremoniously lowered their FY2025 sales volume guidance, with the headwinds Grasberg ore grade revision negating the commodities' higher futures contracts. While FCX may tout a $1.7B benefit arising from the US copper premium, it remains to be seen how things may develop as Chile negotiate for tariff exemptions.