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Freeport backs US$4.5 billion Bagdad expansion to lift copper output
8:13am on Thursday 5th of November, 2026 AEDT
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Freeport backs US$4.5 billion Bagdad expansion to lift copper output
8:13am on Thursday 5th of November, 2026 AEDT
Key Points
US$4.5 billion brownfield expansion at Bagdad, Arizona
Annual copper production targeted above 400 million pounds
Molybdenum output expected to exceed 20 million pounds a year
Long-term unit net cash costs forecast to fall by about 20%
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