Exhibit List of Subsidiaries of. Jurisdiction of Organization. Ajo Improvement Company. Amax Cyprus Climax Metals Company, Inc. Amax de Chile, Inc. Amax Energy Inc. Amax Exploration IrelandInc. Amax Exploration, Inc.

Amax Cyprus Climax Metals Company Recovery, Inc. Amax Nickel Overseas Ventures, Inc. Amax Realty Development, Inc. Amax Specialty Coppers Corporation.

Amax Specialty Metals DriverInc. Amax Zinc Newfoundland Limited. American Metal Climax, Inc. Ametalco Limited. United Kingdom. Ametalco, Inc. New York. Annavas Development Co.

Arizona Community Investment Corporation. Atlantic Copper, S. Bisbee Queen Mining Company. Blackwell Zinc Company, Inc. Cates Douglas Corporation. Chino Acquisition Inc. Chino Mines Company. New Mexico. Climax Canada Ltd. Climax Molybdenum Asia Corporation. Climax Molybdenum B.

The Netherlands. Climax Molybdenum China Corporation. Climax Molybdenum Company. Climax Molybdenum GmbH. Climax Molybdenum Marketing Corporation. Climax Molybdenum U. Cobre Cyprus Climax Metals Company Company. Compania Contractual Minera Candelaria. Compania Contractual Minera Ojos del Salado. Copper Market, Inc. Cyprus Amax Chile Holdings, Inc. Cyprus Amax Minerals Company. Cyprus Climax Metals Company. Cyprus Copper Marketing Corporation. Cyprus El Abra Corporation.

Cyprus Exploration and Development Corporation. Rockstar Executive Company Metals Company.

Cyprus Minera de Chile, Inc. Cyprus Mines Corporation. Cyprus Specialty Metals Company. Cyprus Tohono Corporation. FM Services Company. Cayman Islands. Habirshaw Cable and Wire Corporation. Hidalgo Mining, LLC. James Douglas Insurance Company, Ltd. Kinetics Climax, Inc. Makilala Holding Limited. British Virgin Cyprus Climax Metals Company. Metallic Ventures, Inc. Minera Aurex Chile Limitada. Minera Cyprus Amax Chile Limitada.

Minera Cyprus Chile Limitada. Missouri Lead Smelting Company. Emmons Mining Company. Cavan Construction Company Western Land Company. PD Candelaria, Inc. PD Cayman Corporation. PD Chile Finance Company. PD Cobre, Inc. PD Ojos del Salado, Inc. PD Peru, Clkmax. PDM Energy, L. Phelps Dodge Ajo, Inc. Phelps Dodge Australasia, Inc. Phelps Dodge Bagdad, Inc. Phelps Dodge Chicago Rod, Inc. Phelps Dodge Chino, Inc.

Phelps Dodge Corporation. Phelps Dodge Corporation of Canada, Limited. Phelps Dodge CCompany Corporation. New Jersey. Phelps Dodge Industries, Inc. Phelps Dodge Katanga Corporation. Phelps Dodge Mercantile Company. Phelps Dodge Meta,s, Inc. Phelps Dodge Mining Zambia Limited. Phelps Dodge Mining Services, Inc. Phelps Dodge Molybdenum Corporation. Phelps Dodge of Africa, Ltd. Phelps Metzls Overseas Capital Corporation.

Phelps Dodge Refining Corporation. Phelps Dodge Safford, Inc. Phelps Dodge Sales Company, Incorporated. Freeport-McMoRan Sales. Phelps Dodge Sierrita, Inc. South Africa.

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Cyprus Amax Minerals Company -- Company History

Cyprus Amax is the world leader in the production of molybdenum and lithium and a leading producer of copper and coal. Cyprus also produces iron ore and gold. The company operates in 24 states and on six continents, conducting base and precious metals exploration worldwide. Late 1960s Origins of Cyprus. The Cyprus Minerals Company first appeared in July 1985 as a spinoff of the Amoco Corporation.…