# FREEPORT MINERALS CORPORATION: $80,000,000 Grid Innovation & Resilience award

**Funded Project Score:** 65/100

| Field | Value |
|---|---|
| Recipient | FREEPORT MINERALS CORPORATION |
| State | AZ |
| Program | Grid Innovation & Resilience (81.255) |
| Award | $80,000,000 |
| Period | 2025-01-01 to 2032-06-30 |
| Agency | Department of Energy / Department of Energy |
| Description | THIS PROJECT WILL DEMONSTRATE THE TECHNICAL VIABILITY OF USING INDUSTRIAL-SCALE GEOTHERMAL CLEAN HEAT (GCH) IN THE MINING PROCESS. THE RECIPIENT WILL USE GCH TO ENABLE THE RECOVERY OF RESIDUAL COPPER, A CRITICAL MATERIAL, FROM PREVIOUSLY MINED MATERIAL AT A REDUCED EMISSIONS INTENSITY COMPARED TO CONVENTIONAL MINING PRACTICES AND FOSSIL-BASED ALTERNATIVES FOR HEAT. THIS PROJECT WILL ALSO INSTALL AND OPERATE A MICROGRID AND A BATTERY ENERGY STORAGE SYSTEM (BESS) AT AN ACTIVE MINE TO INCREASE ENERGY RELIABILITY. THE RECIPIENT WILL CONTINUE PRIORITIZING WORKFORCE DEVELOPMENT AND LABOR PIPELINE PR |
| Award ID | DECD0000112 |

## Why this score
- Award of $50M or more.
- Description mentions construction, equipment or deployment.

Source: USAspending.gov federal assistance awards (Assistance Listings 81.254, 81.255, 81.256) (https://www.usaspending.gov/award/ASST_NON_DECD0000112_089). Last refreshed: 2026-11-03T18:30:24.609Z.
Award data comes from USAspending.gov as reported by federal agencies and can lag or be revised; an award is not a procurement opportunity by itself. Organizations only; awards redacted for individual privacy are excluded. Informational only.