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Freeport Approves $4.5B Expansion And Modernization Program For Wholly Owned Badgad Copper And Molybdenum Operations

Nov 4, 2026 · 08:04 AM ET· updated 1h ago

Significant expansion and modernization program approved for Bagdad, ArizonaBagdad to become the second-largest U.S. copper producer and a top U.S. molybdenum producerBagdad’s long-term cost position expected to benefit

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Why It Matters

Freeport is spending billions to make its Arizona mine bigger and better. This could mean more copper and lower costs for the company ahead.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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