Climax Mine

Description: Climax is an open-pit molybdenum mining operation.

Did you know? The Climax mine began commercial operations in May 2012. FCX operates the Climax and Henderson molybdenum mines in a flexible manner to meet market requirements.

Location: Approximately 13 miles northeast of Leadville, Colorado.

Ores: The Climax mine is a porphyry molybdenum deposit with molybdenite as the primary sulfide mineral.

Processes and facilities: The Climax mine was commissioned in mid-2012, and includes a 25,000 metric ton-per-day mill facility. Climax has the capacity to produce approximately 30 million pounds of molybdenum per year.

Background: In 1995, the Climax mine was placed on care-and-maintenance status by its previous owner.

Ownership: 100%.

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