SOUTH AMERICA
FCX’s South America mining operations include open-pit mining, sulfide ore concentrating, leaching and solution extraction/electrowinning. Production from these mines is sold as concentrate or cathode under long-term contracts. Our South America mines also ship a portion of their copper concentrate to Atlantic Copper, our wholly owned smelting and refining unit in Spain.
FCX operates two copper mines in South America ― Cerro Verde in Peru and El Abra in Chile. In addition to copper, the Cerro Verde mine also produces molybdenum concentrate and silver.
Cerro Verde’s expanded operations benefit from its large-scale, long-lived reserves and cost efficiencies and have continued to perform well. As a result of several efficiency initiatives implemented over the past several years, in 2023, Cerro Verde’s 2 concentrators were able to achieve a combined average milling rate of 417,400 metric tons of ore per day in 2023.
SOCIAL
RECOGNITION