Phelps Dodge Corporation - PD- Profile

Phelps Dodge Corporation. The Group's principal activity is to produce copper, carbon black, magnet wire and continuous-cast copper rod. The Group operates in two divisions: Phelps Dodge Mining Company and Phelps Dodge Industries. Phelps Dodge Mining Industry is involved in vertically integrated copper operations including mining, concentrating, electrowinning, smelting, refining, rod production, marketing and sales and related activities. Phelps Dodge Industry comprises of Specialty Chemicals and Wire and Cable segments. Specialty chemicals segment produces and markets carbon blacks. The Wire and Cable segment manufactures magnet wire, energy and telecommunications cables and specialty conductors for use in global energy, telecommunications, transportation and specialty chemicals sectors. The Group operates in North America, South America, Europe and Asia. Phelps Dodge Mining accounted for 77% of 2006 revenues and Phelps Dodge Industries, 23%