ESG

Freeport to wait and see on Chile investment

Freeport McMoRan said it plans to wait and see how the fiscal regime for copper mine in Chile will change before committing to any expansion at the El Abra mine in which it is a 51% joint venture partner with state copper company Codelco.

Freeport McMoran-Codelco JV El Abra in Chile

Freeport McMoran-Codelco JV El Abra in Chile

The company continues to evaluate a large-scale expansion at El Abra to process additional sulphide material and to achieve higher copper recoveries. It said El Abra's large sulphide resource could potentially...

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