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Freeport‑McMoRan greenlights $4.5 billion Bagdad mine expansion in Arizona

Freeport‑McMoRan’s board approved a $4.5 billion upgrade to its Bagdad copper‑molybdenum operation, aiming to double output and create over 4,000 jobs by mid‑2030.

Kenya Today Newsroom

Original contributor via Kenya Today

| November 5, 2026 | 1 min read | Updated Nov 5, 8:00 PM

Freeport‑McMoRan greenlights $4.5 billion Bagdad mine expansion in Arizona — Image supplied with the source report: Kenya Today.

Freeport‑McMoRan’s board approved a $4.5 billion upgrade to its Bagdad copper‑molybdenum operation, aiming to double output and create over 4,000 jobs by mid‑2030.

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