Freeport Seeks Permit for 7.5 Billion Dollar Mine Expansion

Freeport-McMoRan is seeking permits for a $7.5 billion expansion of its El Abra copper mine in Chile. The project includes a new desalination plant and site.

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Freeport-McMoRan Inc., a major mining enterprise based in the United States, is set to begin the environmental permitting process for a massive $7.5 billion expansion of the El Abra copper mine. The facility, located in Chile, is operated as a joint venture between the American firm and the Chilean state-owned copper producer Codelco.

The corporate logo of Freeport-McMoRan Inc is seen at the company's office location in Phoenix, Arizona, United States. REUTERS/Ernest Scheyder
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