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Climax Molybdenum <br />A Pnelps fledge 6 IPRIv <br />Climax Mine Update <br />Discussion with Colorado Department of <br />Minerals and Geology <br />Pp,IIUII <br />"Nothing at Phelps Dodge is more important than <br />the health, safety, and well being of our <br />employees and their families." <br />voc...1 oo.,iuun zna smn Pulley.ry"...n. <br />Agenda <br />• Purpose of mMllg <br />• safety sham <br />• Overview of molybdenum market <br />• Overview of Henderson and Fort Madison <br />• Update on Climax Mine activities <br />• are ixmrro s <br />• Review of cite management aceviooa <br />• Redamabon purrong <br />• Climax Mine projects to be initiated in 2005 <br />• Corridor Improvem ims more Highway at <br />• Robinson Pond capping with spillway and flood routing <br />• <br />War beaenent sludge management nwdglcaliOm <br />XClimaxMolybdenum <br />any.wy.pww <br />Molybdenum Market <br />2003-2005 <br />