ABB to Supply Mill Drives to Freeport’s Cerro Verde Mine

Industrial Metals

Mineweb reported that ABB will supply gearless mill drives to Freeport-McMoRan Copper and Gold’s (NYSE:FCX) copper-molybdenum mine in Peru.

Mineweb reported that ABB will supply gearless mill drives to Freeport-McMoRan Copper and Gold’s (NYSE:FCX) copper-molybdenum mine in Peru.

As quoted in the market news:

The new milling facilities are part of Freeport’s $4 billion plans at Cerro Verde for a large-scale concentrator expansion. The project will expand the concentrator facilities from 120,000 tonne/day to a massive 360,000 tonne/day and would target incremental annual production of approximately 600 million pounds of copper and 15 million pounds of molybdenum making Cerro Verde one of the world’s largest copper mines.

Click here to read the full Mineweb report.

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