Copper and molybdenum mine
Appears in 1 story · Last updated Nov 5, 2026
Expansion approved, first production targeted for mid-2030
Freeport-McMoRan's board approved a $4.5 billion expansion of its Bagdad mine in northwest Arizona on November 4, 2026. The project would more than double mining and milling rates, lifting long-term copper output above 400 million pounds a year and molybdenum above 20 million pounds.
Updated 7 hours ago
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