Richard Adkerson

Freeport-McMoRan

Chairman of the Board and Chief Executive Officer

With the company since 1989, Richard Adkerson is Chairman of the Board and Chief Executive Officer of Freeport-McMoRan Inc. Prior to joining the company, Mr. Adkerson was Partner and Managing Director at Arthur Andersen & Co. where he headed the firm’s worldwide oil and gas industry practice. From 1976 to 1978, he was a Professional Accounting Fellow with the Securities and Exchange Commission in Washington, D.C. Mr. Adkerson currently serves as Chair of the International Council on Mining and Metals. He has been a member of ICMM since 2005 and previously served as Chair from 2008 to 2011. He is a member of The Business Council, Business Roundtable, Council on Foreign Relations and serves as Chairman of the Advisory Council of the Kissinger Institute on China and the United States. He also serves on Greater Phoenix Leadership and the Dean's Council of 100 for Arizona State University W. P. Carey School of Business. Mr. Adkerson graduated from Mississippi State University with a B.S. degree in Accounting with highest honors and an M.B.A. degree. He also completed the Advanced Management Program of the Harvard Business School in 1988. For ten years, he was named The Best CEO in Metals and Mining by Institutional Investor magazine.

Sessions With Richard Adkerson

Wednesday, 9 March

  • 09:20am - 09:55am (CST) / 09/mar/2022 03:20 pm - 09/mar/2022 03:55 pm

    Big Shovels: Copper & commodities required for the energy transition

    Panel Energy Infrastructure/Supply Chain

    The transition from fossil fuels to renewable energy sources is disrupting the status quo. Capturing and distributing renewable energy and the shift to electric vehicles will drive soaring demand for the required minerals as the global economy undergoes consequent restructuring. The scale and speed of the mineral supply needed to meet surging demand will pose challenges, potentially delaying adoption of new low carbon technologies. Copper exemplifies the issues facing policymakers: a metal used across the value chain—in power transmission, renewable electricity generation, EV production, batteries, etc. Mounting issues around access, availability, and price may prove problematic to energy transition. Will government policies and climate goals amplify demand for copper, cobalt, nickel, lithium, rare earths, and other minerals? Will regulatory hurdles hamper investment? How severe might the mismatch between mineral supply and future demand be, globally and in the United States? How will these challenges influence the speed and direction of energy transition? How will geopolitical vulnerabilities affect production?