Freeport-McMoRan Oil and Gas Royalty Trust - Specimen Stock Certificate

Specimen Stock printed by American Bank Note Company. Freeport-McMoRan Inc., commonly referred to as Freeport, is an American mining corporation headquartered at the Freeport-McMoRan Center in Phoenix, Arizona. It stands as the largest global producer of molybdenum, is a significant player in copper production, and operates the Grasberg mine in Papua, Indonesia, which is recognized as the largest gold mine in the world. The current entity was formed in 1981 through the merger of Freeport Minerals, previously known as Texas Freeport Sulphur Company, and McMoRan Oil & Gas Company, thus adopting the name Freeport-McMoRan Inc. The origins of Freeport Sulphur Company date back to July 12, 1912, when Eric Pierson Swenson, the eldest son of Svante Magnus "E.M." Swenson, along with a group of investors, established the company to exploit sulfur mining at the Bryan Mound salt dome along the Gulf Coast of the United States. Additionally, Freeport, Texas, was founded in November 1912 to accommodate workers and function as a port for Houston, competing with Galveston and Corpus Christi. The company utilized the Frasch Process for sulfur extraction along the Gulf Coast, a method for which the patents had lapsed in 1912, previously monopolized by Herman Frasch, the founder of Union Sulphur Company. Eventually, the company became known as Freeport Sulphur and later rebranded as Freeport Minerals. In 1922, Freeport commenced sulfur production at Hoskins Mound in Brazoria County, Texas.