Climax Molybdenum Mine Lives Again Thanks to $700 Million Capital Outlay

Climax Molybdenum Mine Lives Again Thanks to $700 Million Capital Outlay

SUGAR LAND--July 24, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--Leading international mining company Freeport-McMoRan Copper & Gold Incorporated (NYSE:FCX) (Phoenix, Arizona) recently started up the Climax Molybdenum Mine in Climax, Colorado. Capacity of the mine is 30 million tons per year, but it is slated to produce only 20 million tons in 2013, pending market demand.

Other companies featured: Jacobs Engineering Company (NYSE:JEC)

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