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, is a major copper producer and operates the world’s largest gold mine, the Grasberg mine in Papua, Indonesia.
The company operates two molybdenum mines in the state of Colorado – the Henderson underground mine and the Climax open-pit mine. These mines produce high-purity, chemical-grade molybdenum concentrates, which typically are further processed into value-added molybdenum chemical products.
The majority of the molybdenum concentrates produced at the Henderson and Climax mines, as well as from certain of our North and South America copper mines, are processed at the company’s own conversion facilities.
The current company was created in 1981 through the merger of Freeport Minerals, formerly Texas Freeport Sulphur Company, and McMoRan Oil & Gas Company, becoming Freeport-McMoRan Inc. Freeport Sulphur Company was founded on July 12, 1912, by the eldest son of Svante Magnus “E.M.” Swenson, banker Eric Pierson Swenson, with a group of investors, to develop sulfur mining at Bryan Mound salt dome, along the US Gulf Coast.
According to en.wikipedia.org; farmlandriches.com. Source of photos: the internet
