Company Profile

Updated: 05-AUG-08

Freeport-McMoRan Copper and Gold Inc.

Exporter
PO Box 51777, New Orleans, LA70112-1254, United States
(800)535-7094, (504)582-1847 fax, http://www.fcx.com
Primary SIC: Copper Ores, Primary NAICS: Copper Ore and Nickel Ore Mining
Description: Mining: Manufacturing: Global resources: copper, gold, sulphur, oil and gas. More

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Freeport-McMoRan Copper & Gold Inc. (FCX) is one of the world's largest producers of copper and gold. Based in New Orleans, Louisiana, FCX's operations are conducted through its subsidiaries. P.T. Freeport Indonesia (PT-FI) operates the Grasberg mine, the world's largest gold mine. Work in Indonesia involves mineral exploration and development, mining, and milling of ore containing copper, gold, and silver. The company has been seeking approval from the government for studies leading to expansion in Indonesia's Irian Jaya province. P.T. IRJA Eastern Minerals Corporation explores land adjacent to PT-FI and operates through Contracts with the Government of Indonesia. Atlantic Copper SA operates a copper smelter and refinery in Spain. FCX has been involved with Indonesia's Department of Environment to ensure the improvement of economic, social and environmental aspects as production is increased. Top competitor is Anglo American.

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