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Freeport-McMoRan authorized a $4.5 billion expansion of its Bagdad copper and molybdenum mine in Arizona, including a completely autonomous haul truck fleet, a new primary crusher, overland conveyor, and expanded processing facilities adding 115,000 tons per day of concentrator capacity. Production is scheduled to start mid-2030.
| Site | Largest | Latest |
|---|---|---|
| Bagdad, United States | $4.50B | 2026-11-05 |