OUR APPROACH
The health and safety of our workforce and communities and the protection of the environment are fundamental to our extensive tailings management programs and approach. Our objective is to have zero fatalities, zero catastrophic failures and zero unplanned discharges from any of our tailings facilities.
We remain dedicated to the safe execution of our tailings management system by maintaining robust, multi-tiered governance, which involves appropriately qualified personnel with clearly defined roles, responsibilities and accountabilities. Our board and executive management are firmly committed to providing the necessary financial and technical resources to maintain the safety and integrity of our tailings facilities globally, with a focus on risk management and continuous improvement.
FCX's Tailings Management Policy outlines our continued commitment to managing our tailings responsibly and effectively across our sites globally. This policy is designed to be implemented in conjunction with our Environmental, Human Rights and Social Performance policies as well as our associated management systems. We remain dedicated to the safe execution of our tailings management system by maintaining robust, multi-tiered governance, which involves appropriately qualified personnel with clearly defined roles, responsibilities and accountabilities. Our board and executive management are firmly committed to providing the necessary financial and technical resources to maintain the safety and integrity of our tailings facilities globally, with a focus on risk management and continuous improvement.
FCX has comprehensive measures in place to help ensure our tailings facilities are designed, built, operated, closed and monitored to minimize risk to our workforce, communities and the environment. Although there is some overlap among the categories, our safeguards generally fall within four categories: (1) engineering practices and safe designs, (2) adherence to construction and operational parameters through monitoring and use of technology, (3) multi-tiered oversight and robust management of change and (4) adherence to practices grounded in continuous improvement and learning from past experiences, including industry failures and best practices.
Tailings Standard Implentation
FCX remains committed to the implementation of the Tailings Standard at applicable tailings storage facilities. Conformance has been achieved for TSFs at all applicable sites, including independent verification, with the exception of one discontinued operation where the independent verification report is pending. We also completed the review of our closed TSFs to determine which are deemed Safely Closed, as defined by the Tailings Standard.
Climax Molybdenum Company, a subsidiary of Freeport-McMoRan, sustainability programs are consistent with commitments set forth in company-wide policies defined by Freeport-McMoRan. To learn more, please see our website: fcx/sustainability or 2024 ANNUAL REPORT ON SUSTAINABILITY
PHOTO DESCRIPTION: (top) Tailings area located in Henderson, Colorado
© 2025 Climax Molybdenum • A Freeport-McMoRan Company