El Abra, a Freeport-McMoRan Company, Increases Use of Renewable Energy

SOURCE: Freeport-McMoRan

DESCRIPTION:

El Abra operations is working to increase its percentage of renewable energy to reach the goal of 100% use of renewables by 2021.

El Abra recently extended an energy supply contract that increases its use of renewable energy sources. The agreement with Engie Energía Chile is part of an energy transition process being developed in Chile to gradually replace coal-fueled power generation with renewable sources, achieving the objectives subscribed by Chile in the United Nations Paris Agreement and established in the country's national energy priorities.

El Abra's commitment to environmental stewardship has won numerous accolades, including the 2016 National Environmental Award from the Recyclápolis Foundation for its part in a project that built Chile's first community hybrid power plant.

The plant combines solar and wind energy with cogeneration, a system that delivers electricity and heat from a single source, to 150 families in the community of Ollagüe near the company's mining operations.

To learn more about how Freeport-McMoRan supports the communities in which it operates, please visit fcx.com.

Please see the 2017 Working Toward Sustainable Development Report for more information on all of their social, economic and environmental efforts.

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KEYWORDS: Environmental Stewardship, National Environmental Award from the Recyclápolis Foundation, hybrid power plant, United Nations Paris Agreement, Ollagüe, NYSE:FCX, Freeport McMoRan

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