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Freeport-McMoRan plans aggressive copper investment in southwest US
Friday, March 11, 2022 - 13:27:10
Bloomberg
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Copper’s rise to a record high “has made these old, low-grade mines economic” again, he said. Freeport is planning several mine expansions in the US but the government needs to speed up permit approvals if demand is to be met, he said.
The world is facing a “massive deficit” in copper from 2025 due to rapidly growing demand and a shortage of discoveries globally, said Bold Baatar, who heads Rio Tinto’s copper division.
http://www.miningnewspro.com/en/News/620873/Freeport-McMoRan plans aggressive copper investment in southwest US
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