Worldwide Operations > North America > Metals > Morenci Morenci Mine |
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Description: Morenci is an open-pit copper mining complex. Did you know? In 2011, we completed the ramp up of Morenci's mining rates to 635,000 metric ton-per-day (mtd) and milling rates to approximately 50,000 mtd. We are engaged in a project to expand mining and milling capacity at Morenci to process additional sulfide ore identified through exploratory drilling. The project is targeting incremental annual copper production of approximately 225 million pounds in 2014 (an approximate 40 percent increase from 2012) through increases in mining rates to 815 mtd and milling rates to 115,000 mtd. Background: Phelps Dodge & Company invested $50,000 in the property in 1881, marking the New York mercantile’s first venture into mining. Through acquisition, Phelps Dodge & Company consolidated all mining operations in the district by 1921. Initially underground, Morenci transitioned to open-pit mining beginning in 1937. The operation nearly doubled its production capacity during World War II at the urging of the U.S. government to meet wartime needs. Morenci’s first SX/EW plant was commissioned in 1987. Once home to two smelters, the last smelter ceased operation in 1984. Both have been demolished and reclaimed. Ownership: 85% (undivided interest) FCX; 15% affiliates of Sumitomo Corporation. |
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