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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 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.
Morenci is a census-designated place (CDP) and company town in Greenlee County, Arizona, United States, and was founded by the Detroit Copper Mining Company of Arizona. The population was 2,000 at the 2000 census and 1,489 at the 2010 census . [ 3 ]
Pages in category "Freeport-McMoRan mines" ... Morenci mine; S. Safford mine; Sierrita mine This page was last edited on 12 August 2017, at 16:17 ...
Rank Mine County and State Owner Source of copper Annual production (thousand tonnes) 1 Morenci: Greenlee County, Arizona: Freeport-McMoRan (72%), Sumitomo Group (28%): Open pit, copper-molybdenum ore, producing copper cathode, copper and molybdenum concentrates
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. As of 2017 [update] , the mine complex, owned by Freeport-McMoRan , had about 3,300 employees.
Prospectors from Silver City, New Mexico discovered copper mineralization at Morenci, also known as the Greenlee district in 1872. Mining began the following year, and miners extracted and smelted high-grade copper ore until a railroad reached the district in 1884 and a concentrator made mining and processing of low-grade ore economical.
Richard C. Adkerson is an American business executive who currently serves as Chairman of the Board at Freeport-McMoRan. [1] He was the chief executive officer (CEO) of Freeport from 2003 until June 2024 and has been a member of its board since 2006, taking on the role of chairman in February 2021.