Statement of Changes in Beneficial Ownership (4)

FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^* ADKERSON RICHARD C	2. Issuer Name and Ticker or Trading Symbol FREEPORT-MCMORAN INC [ FCX ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Vice Chairman, President & CEO
(Last) (First) (Middle) 333 NORTH CENTRAL AVENUE	3. Date of Earliest Transaction (MM/DD/YYYY) 12/4/2020
(Street) PHOENIX, AZ 85004 (City) (State) (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	12/4/2020		M		902887	A	$4.35	3724573	D
Common Stock	12/4/2020		F⁽¹⁾		216969	D	$25.06	3507604	D
Common Stock	12/4/2020		S		467887	D	$25.1703 ⁽²⁾	3039717	D
Common Stock	12/7/2020		M		182113	A	$4.35	3221830	D
Common Stock ⁽³⁾	12/7/2020		F⁽¹⁾		91209	D	$24.58	3130621	D
Common Stock								620801	I	Through GRATs
Common Stock								192330	I	By IRA

*Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)*
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)			11. Nature of Indirect Beneficial Ownership (Instr. 4)
Options (Right to Buy)	$4.35	12/4/2020		M			902887	2/2/2017 ⁽⁴⁾	2/2/2026	Common Stock	902887	$0.00	182113	D
Options (Right to Buy)	$4.35	12/7/2020		M			182113	2/2/2017 ⁽⁴⁾	2/2/2026	Common Stock	182113	$0.00	0	D

Explanation of Responses:
(1)	Shares delivered and withheld in payment of all or a portion of the exercise price of options and resulting taxes.
(2)	The price reported represents the weighted average price of the shares sold. Shares were sold at varying prices in the range of $25.1000 - $25.3000. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
(3)	As a result of these transactions, the Reporting Person's beneficial ownership increased by 308,935 shares, from 2,821,686 shares to 3,130,621 shares. Amount beneficially owned includes 1,358,163 Common Stock Restricted Stock Units, 1,000,000 of which are vested but deferred.
(4)	25% exercisable on the date indicated and 25% exercisable on each of the next three anniversaries thereof.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
ADKERSON RICHARD C 333 NORTH CENTRAL AVENUE PHOENIX, AZ 85004	X		Vice Chairman, President & CEO

Signatures
Kelly C. Simoneaux, on behalf of Richard C. Adkerson pursuant to a power of attorney		12/8/2020
^**Signature of Reporting Person		Date