Morenci Copper Mine, Arizona Mining Technology | Mining ...
Ninety years later in March 2007, Phelps Dodge merged with Freeport McMoRan Copper Gold, whose principal asset is the massive Grasberg coppergold mine in Indonesia, in an agreed takeover by Freeport, the smaller of the two companies. FreeportMcMoRan sold a 13% stake in Morenci mine to Sumitomo Metal Mining (SMM) in May 2016.
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