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The Climax Molybdenum Company re-opened the mine in 1924, and operated it nearly continuously until the 1980s. The mine was shut down between 1995 and 2012 due to low molybdenum prices. The mine's owner, Freeport-McMoRan Copper & Gold, continued to work on environmental cleanup of past operations while holding the mine ready in the event of ...
Climax is an extinct mining company town, railroad station, and post office located in Lake County, Colorado, United States. [2] The town site is located at an elevation of 11,342 feet (3,457 m) at Fremont Pass on the Continental Divide of the Americas .
Molybdenum mining in the United States produced 65,500 metric tons of molybdenum in 2014, worth US$1.8 billion. The US was the world's second-largest molybdenum producer, after China, and provided 25% of the world's supply of molybdenum. The US was a major exporter of molybdenum; net exports made up 48% of US production.
Climax [4] Climax Molybdenum Company (Freeport-McMoRan) Lake: Henderson [3] [4] Climax Molybdenum Company (Freeport-McMoRan) Clear Creek: Idaho: Thompson Creek [3] Thompson Creek Metals Co. Inc. Custer: Montana: Continental Pit [3] Montana Resources LLP: Silver Bow: Nevada: Ashdown mine [3] Win-Eldrich Mines Ltd. Humboldt: Robinson [3] Quadra ...
The reservoir was built in 1977 by the Climax Molybdenum Company, whose mine is located nearby at Fremont Pass. In 1992, Climax Molybdenum sold the reservoir to the Clinton Ditch & Reservoir Company, which has shareholders that include farms, municipalities in Summit and Grand counties, and several ski areas who use the water for snowmaking. [3]
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A subsidiary of Phelps Dodge Corporation, Climax Molybdenum, is the largest primary producer of molybdenum in the world. At the Henderson mine west of Empire, Colorado , Climax Molybdenum has produced more than 160 million tons of ore and 770 million pounds of molybdenum since the mine opened in 1976.