CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS


As  independent  public accountants, we hereby consent  to  the
incorporation by reference  in  this  registration statement of
our report dated January 21, 1997 included  in Freeport-McMoRan
Inc.'s Form 10-K for the year ended December  31,  1996  and to
all  references  to  our  Firm  included  in  this registration
statement.


                                   /s/ Arthur Andersen LLP
                                   ARTHUR ANDERSEN LLP

New Orleans, Louisiana
July 10, 1997