The Conversation (0)
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.