COPPER
US-based natural resources company Freeport McMoRan has completed the sale of a 13% interest in the Morenci joint venture (JV) to Sumitomo Metal Mining Company (SMM) for $1-billion in cash. Freeport now held a 72% interest in the Morenci JV, which operates the Morenci openpit copper mining complex in Arizona.
Please enter the email address that you used to subscribe to Research Channel. Your password will be sent to this address.
Don't have any login details?
Free Trial Access