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Sumitomo Metal Mining, Sumitomo Corp. and Phelps Dodge Restart Copper Concentrator and Construct Copper Concentrate Leaching Facility at Morenci Mine.


Tokyo, Japan, Oct 6, 2005 - (JCNN JCNN Japan Corporate News Network ) - Sumitomo Metal Mining (SMM (System Management Mode) An energy conservation mode built into Intel SL Enhanced 486 and Pentium CPUs. During inactive periods, SMM initiates a sleep mode that turns off peripherals or the entire system. ) Sumitomo Corp. (SC) and Phelps Dodge Phelps Dodge Corporation is a former United States company founded in 1834 by Anson Greene Phelps and William E. Dodge. On March 19, 2007, it was acquired by Freeport-McMoRan and now operates under the name Freeport-McMoRan Copper & Gold Inc.  (PD) announced on October 4 their agreement on restart of copper concentrator and construction of copper concentrate leaching facility at Morenci copper mine in Arizona.

The Morenci Mining Joint Venture, to be run between SMM, SC and PD, will begin operating in 2007. Morenci Mining Joint Venture has approved expenditures of approximately US$210 million for these projects.

The partners expect the annual production of electrolytic e·lec·tro·lyt·ic
adj.
1. Of or relating to electrolysis.

2. Produced by electrolysis.

3. Of or relating to electrolytes.



e·lec
 copper to be approximately 70,000 tons from the new facilities, and it will replace an expected decline in Morenci's heap leach output later this decade with the increased ration of chalcopyrite ores which are difficult to be processed at the existing complex.

The new facilities will employ proprietary technology by Phelps Dodge, and will be the first-ever commercial-scale copper concentrate leaching facility.

Source: JCN JCN Japan Corporate News
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Publication:JCNN News Summaries
Geographic Code:1USA
Date:Oct 7, 2005
Words:161
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