Freeport-McMoRan to Boost Capex 50% in 2018

SUGAR LAND--January 30, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--Global copper, gold and molybdenum miner Freeport-McMoRan Incorporated (NYSE:FCX) (Phoenix, Arizona) plans to boost capital expenditures in 2018 by 50% from last year, with an emphasis on major projects in Indonesia and the U.S. Industrial Info is tracking $2.65 billion in active Freeport-McMoRan projects. Within this article: Status of grassroot copper smelter by Freeport-McMoRan in Indonesia.