Freeport McMoRan is an international mining company with headquarters in Phoenix, Arizona. Freeport McMoran operates primarily in copper-, gold- and molybdenum mines.
Freeport McMoran runs the Grasberg mine located in Papua, on the island New Guinea, just north of Australia. The Grasberg mine is the biggest goldmine and the third biggest coppermine in the world. The Grasberg mine is also notorious for issues such as pollution, human rights violations and corruption.
Claims of severe environmental damages caused by the company's engagements in the Grasberg mine in Indonesia has led The Government Pension Fund of Norway, the world's second largest pension fund, to exclude Freeport-McMoRan from it's investment portfolia, after a recommendation from the fund's ethical council.
85004 Phoenix
United States
CEO
Public Shareholders

