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The Morenci Mine is a large copper mine located near Morenci, Arizona, United States. Morenci represents one of the largest copper reserves in the United States and in the world, having estimated reserves of 3.2 billion tonnes (3.5 × 10 9 short tons) of ore grading 0.16% copper.
Freeport-McMoRan Inc., often called Freeport, is an American mining company based in the Freeport-McMoRan Center, in Phoenix, Arizona. The company is the world's largest producer of molybdenum , a major copper producer and operates the world's largest gold mine , the Grasberg mine in Papua, Indonesia .
The biggest employer in Morenci (and in nearby Clifton) and the owner of the town is Freeport-McMoRan, the owner of the Morenci Mine, the largest copper mining operation in North America, and one of the largest copper mines in the world. The town was a site of the Arizona Copper Mine Strike of 1983. The large open-pit mine is north of the town.
As of the 2020 census, the population was 9,563, [1] making it Arizona's least populous county. The county seat is Clifton . The economy of Greenlee County is dominated by the Morenci Mine , the largest copper mining operation in North America, and one of the largest copper mines in the world.
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Freeport-McMoRan Center (formerly One Central Park East) is a highrise located in Downtown Phoenix, Arizona. It is located adjacent to Arizona State University's Downtown campus . Upon completion in 2009, the building was the first high-rise office tower to open in Downtown Phoenix in nearly eight years.
Image source: The Motley Fool. Freeport-McMoRan (NYSE: FCX) Q4 2024 Earnings Call Jan 23, 2025, 10:00 a.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
At the time of its acquisition in 2007, Phelps Dodge Corporation had large copper mining operations in Bagdad, Morenci, Sahuarita, Safford and Miami, Arizona. In New Mexico, the Tyrone, between Lordsburg and Silver City and the El Chino Mine, northeast of Bayard. Several of these locations provide ores rich in molybdenum as well.