May 26 2023. Morenci Copper Mine, Arizona, USA. The Morenci copper mine is expected to continue mining activities until 2041. Location. Arizona, US. Ownership. Freeport McMoRan (72%), Sumitomo (15%), SMM Morenci (13%) Reserves. 12.3 million tonnes (mt) Production Capacity. More than 125mtpa of copper. Contractors.