Stephen T. Higgins Named to Industry Leadership Positions
October 19 2020 - 12:22PM
Business Wire
• Chairman of the International Copper Association
• Chairman of London Metal Exchange's Copper Committee
Freeport-McMoRan Inc. (NYSE: FCX) is pleased to announce that
Stephen T. “Steve” Higgins, Senior Vice President and Chief
Administrative Officer of FCX, has been elected Chairman of the
International Copper Association (ICA) and Chairman of the London
Metal Exchange's (LME) Copper Committee.
Steve is a key member of FCX’s senior executive team and a
long-term leader in the global copper industry. During his career,
he has built strong commercial relationships with a broad range of
customers in the copper industry and with numerous industry
organizations. Beginning in 2019, Steve assumed expanded management
responsibilities for administration within FCX and has played a
significant role in supporting the Company’s response to
COVID-19.
ICA is a nonprofit organization with 35 members, including FCX,
that brings together the copper industry, and its partners, to
support markets for copper and to make a positive contribution to
the United Nations Sustainable Development Goals.
The LME Copper Committee is an advisory committee to The London
Metal Exchange with the primary purpose to maintain oversight of
the Copper product specifications and to ensure that the contract
represents the industry’s needs.
Richard C. Adkerson, President and CEO of FCX, and Kathleen
Quirk, Executive Vice President and CFO of FCX, said, “We recognize
Steve for his expanded roles in these important organizations
supporting the global copper industry. He is a valued member of our
Freeport leadership team. With his wealth of experience, Steve is
highly respected within our Company, by our customers and broadly
in the global copper industry.”
“Copper has played a significant role in the improvement of
our quality of life for centuries,” Higgins said. “Today, it is
closely connected to the global sustainable development agenda, in
particular the clean energy transition and climate change
mitigation efforts. I look forward to working through these
organizations as we work to advance and promote copper’s
contributions in these important areas.”
In his role as Chief Administrative Officer of FCX, Mr. Higgins
has oversight responsibility for marketing of copper cathode and
rod, Human Resources, Global Supply Chain, Health and Safety and
Environmental Management and Sustainability.
Mr. Higgins has 40 years in the metals industry, including
nearly 30 years with the Company. He currently serves as Chairman
of The Copper Club Board of Directors. He was recognized as the
Copper Man of the Year by this organization in 2016. He has a
Bachelor of Science in Economics from Cornell University and a
Master of Business Administration from Michigan State
University.
ABOUT THE INTERNATIONAL COPPER ASSOCIATION
The International Copper Association (ICA) brings together the
global copper industry to develop and defend markets for copper and
make a positive contribution to the UN’s Sustainable Development
Goals. Headquartered in Washington, D.C., ICA has offices in three
primary regions: Asia, Europe and North America. ICA and its Copper
Alliance® partners are active in more than 60 countries worldwide.
For additional information, please visit
www.copperalliance.org.
FREEPORT: Foremost in Copper
FCX is a leading international mining company with headquarters
in Phoenix, Arizona. FCX operates large, long-lived, geographically
diverse assets with significant proven and probable reserves of
copper, gold and molybdenum. FCX is one of the world’s largest
publicly traded copper producers.
FCX’s portfolio of assets includes the Grasberg minerals
district in Indonesia, one of the world’s largest copper and gold
deposits; and significant mining operations in North America and
South America, including the large-scale Morenci minerals district
in Arizona and the Cerro Verde operation in Peru.
By supplying responsibly produced copper, FCX is proud to be a
positive contributor to the world well beyond its operational
boundaries. Additional information about FCX is available on FCX's
website at fcx.com.
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Financial Contacts: Kathleen L. Quirk (602) 366-8016 David P.
Joint (504) 582-4203 Media Contact: Linda S. Hayes (602)
366-7824
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