报告要点本篇作为“矿业巨头启示录系列报告”的第二篇,选取自由港(FCX)和紫金矿业进行分析。我们选取的2 家公司均属于铜行业的龙头,但所处的阶段有所不同。紫金作为高速成长的企业,其并购意识、降本文化、培养核心技术等方面值得我们学习;FCX/PD(FCX“蛇吞象”并购PD 之后,一举成为最大的铜企)经历过多轮并购之后,已进入较为成熟阶段,“如何将现有资产利用最大化”、“如何能从周期性行业波动中屹立...
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