Freeport McMoran eyes $7.5B expansion of El Abra copper mine in Chile (NYSE:FCX)

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Freeport McMoRanNYSE: FXX) Plan for Spent about $7.5 billion to expand the copper mine in Abra A project in Chile is expected to take seven to eight years to develop due to permitting requirements, Sonnet Chief Executive Kathleen Quirk said Tuesday, according to Reuters.

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