Financial News

Freeport-McMoRan Morenci Operations Awarded the Copper Mark for Responsible Production Practices

By: 3BL Media

SOURCE: Freeport-McMoRan

DESCRIPTION:

April 23, 2021 - The Morenci mining operations in Arizona is Freeport-McMoRan’s sixth site – and the eighth in the world – to achieve the Copper Mark, a new, credible assurance framework demonstrating the copper industry's responsible production practices and contribution to the United Nation's Sustainable Development Goals.

The Copper Mark commits sites to continual improvement over time, a critical component of the framework. The Copper Mark is awarded only after sites are assessed independently against a comprehensive set of 32 environmental, social and governance (ESG) criteria.

Six sites with the designation is a point of pride for the company and demonstrates employees' resolve to do the right thing.

Cerro Verde in Peru, El Abra in Chile, and Atlantic Copper in Spain received the designation at the end of 2020, and the Miami smelter and El Paso refinery, both in the United States, were added to the list earlier this year. The company has future plans to validate all copper producing sites against the Copper Mark requirements.

To learn more about the independent organization originally started by the International Copper Association, visit coppermark.org.

By supplying responsibly produced copper, FCX is proud to be a positive contributor to the world well beyond its operational boundaries. Additional information about FCX is available on FCX's website at fcx.com.

Tweet me: Freeport-McMoRan Morenci Operations Awarded the Copper Mark for Responsible Production Practices https://bit.ly/3sGIjqD #copper #ICMM

KEYWORDS: Morenci, Arizona, Copper Mark, responsible production, UNSDGs, ESG, NYSE:FCX, Freeport-McMoRan

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