Freeport-McMoRan Inc. is a leading international mining company with headquarters in Phoenix, Arizona. Freeport operates large, long-lived, geographically diverse assets with significant proven and probable mineral reserves of copper, gold and molybdenum. Freeport’s portfolio of assets includes the Grasberg minerals district in Indonesia, one of the world’s largest copper and gold deposits, and significant mining operations in North America and South America, including the large-scale Morenci minerals district in Arizona and the Cerro Verde operation in Peru.
Freeport has a strong commitment to safety performance, environmental management and the communities where it operates. As a founding member of the International Council on Mining and Metals (ICMM), Freeport is committed to implementing ICMM’s Mining Principles which serve as a best practice framework on sustainable development for the global mining and metals industry.
By supplying responsibly produced copper, Freeport is proud to be a positive contributor to the world well beyond its operational boundaries.
Freeport-McMoRan’s Board of Directors is comprised of eleven members including ten independent directors who possess a diverse range of perspectives, skill sets and experience. Richard C. Adkerson serves as Chairman of the Board and Chief Executive Officer, and Dustan E. McCoy serves as Lead Independent Director.
GLOBAL INDUSTRY LEADER
One of the world’s largest publicly traded copper producers; seasoned and value-driven global team; ~25-year reserve life with substantial additional resources.
Strong reputation and franchise in four countries; synergistic operation of all assets.
Industry-leading track record for major project execution in complex jurisdictions.
BLOCK CAVE LEADER
Industry-leading technical capabilities; decades of block caving experience.
Long-standing commitment to all of our stakeholders including our employees, communities, host countries, customers and suppliers.
Freeport-McMoran in Chile
El Abra is an open-pit copper mining complex located 47 miles north of Calama, in Chile’s El Loa province, Region II.
El Abra is a porphyry copper deposit that has sulfide and oxide mineralization. The predominant primary sulfide copper minerals are bornite and chalcopyrite. There is a minor amount of secondary sulfide mineralization as chalcocite. The oxide copper minerals are chrysocolla and pseudomalachite. There are lesser amounts of copper-bearing clays and tenorite.
The El Abra operation includes a solution extraction/electrowinning facility with a capacity of 500 million pounds of copper cathode per year, a 125,000 metric ton-per-day crushed leach circuit, and a similar-sized run-of-mine leaching operation.
Freeport-McMoRan continues to evaluate a large-scale expansion at El Abra to process additional sulfide material and to achieve higher recoveries. El Abra’s large sulfide resource could potentially support a major mill project similar to facilities constructed at Freeport’s Cerro Verde operations in Peru.