Freeport Board Approves $4.5 Billion Bagdad Mine Expansion
Photo: TokenPost
Freeport-McMoRan Inc. said Wednesday, Nov. 4, that its board had approved a $4.5 billion expansion and modernization of its Bagdad operation in Arizona, targeting long-term copper output above 400 million pounds a year. Bagdad is a copper and molybdenum operation. Freeport shares rose 3.3% in premarket trading that day. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
