Freeport-McMoRan 2014 Annual Report Download - page 11
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North America
copper mines
increased
production by
50 percent over
the past five years.
The Morenci mill
expansion was
completed in
2014, making it
one of the highest-
producing copper
mines in the world.
NORTH AMERICA UNIT CASH COSTS
per lb of copper
NORTH AMERICA
MOLYBDENUM SALES*
in million lbs
20
100
80
40
60
NORTH AMERICA
COPPER SALES
in billion lbs
2.0
1.5
0.5
1.0
2013 20132014 2014
* Includes sales of molybdenum produced at FCX’s South America
copper mine.
2013 2014
UNIT CASH COSTS
Site Production and Delivery $ 2.00 $ 1.85
By-product Credits (0.24) (0.24)
Treatment Charges 0.11 0.12
Unit Net Cash Costs $ 1.87 $ 1.73
9