HOUSTON, March 10 (Reuters) - Freeport-McMoRan ( FCX )
hopes U.S. President Donald Trump declares copper to be a
critical mineral when he announces his plan to boost American
mining, CEO Kathleen Quirk said on Monday.
Trump told the U.S. Congress last week he would "take
historic action to dramatically expand production of critical
minerals."
Fifty minerals, but not copper, are considered critical by
the U.S. Geological Survey. Adding that metal would help
Freeport generate more than $500 million annually in tax credits
tied to the U.S. Inflation Reduction Act, Quirk told Reuters on
the sidelines of the CERAWeek energy conference in Houston.