Richard C. Adkerson Elected Chair International Council on Mining and Metals
August 31 2020 - 8:00AM
Business Wire
Freeport-McMoRan Inc. (NYSE: FCX) is pleased to announce that
Richard C. Adkerson, Vice Chairman of the Board, President and
Chief Executive Officer, has been elected Chair of International
Council on Mining and Metals (ICMM).
As a founding member of the ICMM, FCX has played an active role
in many key initiatives of ICMM through the years. Richard became a
member of Council in 2005 and served as Chair from 2008-2011. He
also led FCX’s active participation in the recent development of
the new Global Industry Standard on Tailings Management.
“This is an especially important time as the industry
responds to the unprecedented COVID-19 health crisis and the
growing focus on environmental, social and governance (ESG)
performance by stakeholders in the global metals and mining
industry,” Adkerson said. “I look forward to working
collaboratively with ICMM members to advance important initiatives
reflective of our collective commitment to high performance
standards, stakeholder engagement and continuous
improvement.”
ICMM is governed by the CEOs of its 27 company members, with
officers appointed from within this group for an approximately
two-year term. The Chair leads the Council on its mission of
strengthening the environmental and social performance of the
mining and metals industry and building recognition of its
contribution to local communities and society at large.
“I am pleased to welcome Richard as ICMM’s new Chair,” said
Tom Butler, Chief Executive Officer of ICMM. “I look forward to
continuing ICMM’s journey with the benefit of Richard’s immense
experience and understanding of our sector.”
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.
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