Date: Thu, 20 Nov 1997 22:38:15 GMT Server: Apache/1.2.4 Last-Modified: Tue, 07 Oct 1997 13:10:27 GMT ETag: "95eb9-1c8e-343a34c3" Content-Length: 7310 Accept-Ranges: bytes Connection: close Content-Type: text/html
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Cyprus Climax Metals Company is the copper and molybdenum-producing subsidiary of Cyprus Amax. Copper mines are located in Arizona, Chile, and Peru. Mines producing molybdenum operate in Arizona and Colorado.
The El Abra copper project in Chile encompasses one of the world's premier ore bodies with reserves of 880 million tons. After reaching full production, El Abra will be one of the world's largest, lowest-cost copper mines.
In Peru, the Cerro Verde mine has been newly renovated, modernized, and expanded. This mine is a world-scale mine with long-lived reserves. The leachable sulfide operation there is expected to produce approximately 105 million pounds of copper annually. Cyprus Climax also operates copper and copper-molybdenum byproduct mines in Arizona. A smelter featuring more than $100 million in innovative technology and a new $85 million, highly automated refinery operate at the Miami, Arizona mine. Copper rod plants at Miami and Chicago supply rod directly to customers in the utility, communications, and automotive industries.
Annual copper production through the mid-1990s ranged between 600-700 million pounds. As production from South America increases and efficiency and productivity measures at domestic mines progress, Cyprus Amax expects that figure to reach 1 billion pounds. Cyprus Climax operates the large Henderson underground molybdenum mine in Colorado. Processing facilities are located in Arizona; Fort Madison, Iowa; the Netherlands; and the United Kingdom. Molybdenum enhances hardness and corrosion resistance in specialty steels without imparting brittleness and is used in a broad range of high-purity molybdenum chemical applications. As the world's premier integrated producer, Cyprus Amax leads the industry in the mining and upgrading of molybdenum. Copper | Coal | Gold | Lithium History | Exploration | People | Environment
©1997 Cyprus Amax info@CyprusAmax.com
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