Freeport-McMoRan South American Copper Sales Volume Of 290 Million Pounds

PHOENIX, AZ - Freeport-McMoRan Inc. reported that South America's consolidated copper sales volumes of 290 million pounds in first-quarter 2019 approximated first-quarter 2018, with lower volumes from El Abra being offset by higher volumes at Cerro Verde. During first-quarter 2019, heavy rainfall and electrical storms resulted in a suspension of El Abra's crushed leach stacking operations for approximately 35 days; operations resumed in mid-March. The estimated impact of the disruption on FCX's 2019 consolidated copper production approximates 30 million pounds, approximately half of which was in first-quarter 2019.

Sales from South America mining are expected to approximate 1.3 billion pounds of copper for the year 2019, similar to 2018. 

The company’s address is 333 N. Central Ave., Phoenix, AZ 85004, (602) 366-8100, fcx.com.