Freeport CEO: “Crossed The Rubicon” On Restart Of Climax Mine

Industrial Metals

Fox Business reported that market concerns won’t affect the timing of Freeport McMoRan Copper & Gold Inc.’s (NYSE:FCX) Climax moly mine restart.

Fox Business reported that market concerns won’t affect the timing of Freeport McMoRan Copper & Gold Inc.’s (NYSE:FCX) Climax moly mine restart.

As quoted in the market news:

Freeport has already spent the capital and hired staff for the project, Adkerson said on the company’s third-quarter earnings call. “In terms of completing the project, we’ve crossed the Rubicon,” Adkerson said.

Click here to read the full Fox Business report.

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