About Climax mine
Climax Mine: The World's Leading Molybdenum Producer and Supplier
Climax Molybdenum Co. is a subsidiary of Freeport-McMoRan, one of the world's largest mining companies. Founded in 1916, Climax Mine has become the leading molybdenum producer and supplier globally. With its integrated global operations and local customer care, Climax Mine provides its worldwide partners with the most reliable supply and highest quality molybdenum and rhenium products.
Molybdenum is a silvery-white metal that has excellent strength at high temperatures, making it an essential component in many industrial applications. It is used to make stainless steel, alloy steels, tool steels, cast irons, and superalloys for aerospace applications. Rhenium is another rare metal that has unique properties such as high melting point and resistance to corrosion. It is used in jet engine parts, electrical contacts for space vehicles, thermocouples for temperature measurement devices.
Climax Mine operates both primary and byproduct molybdenum mines globally. Primary mines are those where molybdenite ore is extracted directly from the earth's crust through underground or open-pit mining methods. Byproduct mines are those where molybdenite ore is recovered as a byproduct of copper mining operations.
The company's flagship mine located near Leadville in Colorado produces over 30 million pounds of molybdenum annually from both primary and byproduct sources. The mine employs over 300 people who work tirelessly to ensure that Climax Mine remains at the forefront of sustainable mining practices while providing high-quality products to customers worldwide.
Climax Mine also operates other primary mines located in New Mexico (Henderson), Idaho (Thompson Creek), Canada (Endako), Chile (Sierra Gorda), Peru (Cerro Verde), and Indonesia (Grasberg). The company's byproduct mines are located in Arizona (Bagdad, Morenci, Safford), New Mexico (Chino), and Chile (El Abra).
Climax Mine's global operations are supported by its state-of-the-art research and development facilities located in Colorado. The company invests heavily in R&D to develop new products and technologies that meet the evolving needs of its customers.
Climax Mine is committed to sustainable mining practices that minimize environmental impact while maximizing social benefits. The company has implemented various initiatives such as water conservation, land reclamation, biodiversity protection, and community engagement programs to ensure that its operations are conducted responsibly.
In conclusion, Climax Molybdenum Co. is the world's leading molybdenum producer and supplier with a global presence spanning across six continents. With its integrated global operations and local customer care, Climax Mine provides its worldwide partners with the most reliable supply and highest quality molybdenum and rhenium products. The company's commitment to sustainable mining practices ensures that it remains at the forefront of responsible mining while providing high-quality products to customers worldwide.