Freeport-McMoRan Inc. is a leading international mining company that specializes in the exploration, development, and production of copper, gold, and molybdenum. The company has a number of competitive advantages that set it apart from its peers:

1. Diversified portfolio: Freeport-McMoRan has a diversified portfolio of assets that includes mines in North America, South America, and Indonesia. This diversification helps the company to mitigate risks associated with geopolitical instability, regulatory changes, and commodity price fluctuations.

2. Strong financial position: Freeport-McMoRan has a strong financial position with a low debt-to-equity ratio and ample liquidity. This allows the company to invest in growth opportunities, pay dividends to shareholders, and weather downturns in the commodity markets.

3. Vertical integration: Freeport-McMoRan is vertically integrated, meaning that it controls the entire supply chain from mining to smelting and refining. This allows the company to capture more value from its operations and maintain a competitive advantage over its peers.

4. Focus on sustainability: Freeport-McMoRan is committed to sustainable mining practices and has implemented a number of initiatives to reduce its environmental impact and improve the social and economic well-being of the communities in which it operates. This focus on sustainability helps the company to attract and retain customers, employees, and investors who value responsible business practices.

Overall, Freeport-McMoRan's diversified portfolio, strong financial position, vertical integration, and focus on sustainability give it a competitive edge over its peers in the mining industry.