ReportAlert.info - Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) Publishes 2011 Working Toward Sustainable Development Report "Connecting the Future"

The report provides stakeholders with summary information on the company's sustainability programs, including policies, systems and performance data.
Jun 19, 2012 10:00 AM ET

(3BL Media) June 19, 2012 - Freeport-McMoRan Copper & Gold Inc. issues 2011 Working Toward Sustainable Development Report “Connecting the Future”

Worldwide attention has been drawn to continuous advances in renewable energy technologies, electric vehicles, stronger and lighter alloys, and high-tech devices that capture the imagination. Essential to these applications are copper, molybdenum and cobalt, and Freeport-McMoRan is a global leader in bringing these metals to market.

The Freeport-McMoRan 2011 Working Toward Sustainable Development report provides stakeholders with summary information on the company’s sustainability programs, including policies, systems and performance data. The report and additional information, including specific topical reports, performance data, fact sheets and case summaries can be accessed at www.fcx.com.

Freeport-McMoRan is reporting in accordance with the Global Reporting Initiative (GRI) G3 reporting guidelines for the fourth consecutive year and in accordance with version 3.0 of the Mining and Metals Sector Supplement for the second time. External assurance of the company’s 2011 sustainability reporting was conducted in accordance with the International Council on Mining & Metals Sustainable Development Framework.  Readers are encouraged to contact the Sustainable Development department at sustainability@fmi.com with inquiries about the report.

Freeport-McMoRan is a leading international mining company with headquarters in Phoenix, Arizona. It operates large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold and molybdenum. The Company has a dynamic portfolio of operating, expansion and growth projects in the copper industry and is the world’s largest producer of molybdenum.

Freeport-McMoRan’s portfolio of assets includes the Grasberg minerals district in Indonesia, the world’s largest copper and gold mine in terms of recoverable reserves; significant mining operations in the Americas, including the large-scale Morenci minerals district in North America and the Cerro Verde and El Abra operations in South America; and the Tenke Fungurume minerals district in the Democratic Republic of Congo.