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16. Freeport-McMoRan Copper & Gold
Freeport-McMoRan Copper & Gold
Fortune 500 rank: 140
2007 revenue: $17.88 billion
2007 total shareholder return: 86.9%

Freeport made its $25.9 billion bid for Phelps Dodge in late 2006. After the deal closed the following March, Freeport's revenue tripled, profits doubled to $3 billion, and it became the world's largest publicly traded copper miner. Demand from China insulated the company from the U.S. homebuilding slump.

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Last updated April 24 2008: 10:54 AM ET
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