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Freeport McMoRan says positive on minig business; this deal is an 'add-on'

The Freeport McMoRan CEO said: "This is an add-on to our mining business and not a diversion from the strategy that we've been on. We have extraordinary set of assets, margin and growth opportunities in the mining business. And we are going to continue to pursue those operations, development opportunities from our existing reserves and resources, and we're going to continue to look for new opportunities to grow with the mining business."