PHELPS DODGE CORPORATION AND CONSOLIDATED SUBSIDIARIES
EXHIBIT 21
LIST OF SUBSIDIARIES AND INVESTMENTS AS OF DECEMBER 31, 2006
 
                 
            Registrant's
            Percent of
    State/Country of   Voting
    Incorporation   Power
Phelps Dodge Corporation
   NY, USA     100.0 %
Ajo Improvement Company
   AZ, USA     100.0 %
Alambres y Cables de Panama, S.A.
   Panama     78.1 %
Alambres y Cables Venezolanos, C.A.
   Venezuela     100.0 %
Alcave Trading, C.A.
   Venezuela     100.0 %
Cobre Colada Continua C.C.C., C.A.
   Venezuela     50.0 %
Annavas Development Co., Ltd.
   DE, USA     100.0 %
Arizona Community Investment Corporation
   AZ, USA     100.0 %
Bisbee Queen Mining Company
   DE, USA     65.9 %
Cables Electricos Ecuatorianos, C.A.
   Ecuador     67.1 %
Cahosa, S.A.
   Panama     78.1 %
Capital Gestão de Negócios Ltd.
   Brazil     100.0 %
Cates Douglas Corporation
   DE, USA     100.0 %
Chino Acquisition Inc.
   DE, USA     100.0 %
Cobre Cerrillos Sociedad Anonima, S.A. (a)
   Chile     65.9 %
Cocesa Ingenieria y Construccion, S.A.
   Chile     100.0 %
Cocetel Ingenieria y Construccion, C.A.
   Venezuela     100.0 %
CONDUCEN, S.A.
   Costa Rica     73.4 %
Conductores Electricos de Centro America, S.A.
   El Salvador     72.4 %
Cyprus Amax Minerals Company
   DE, USA     100.0 %
Amax Arizona, Inc.
   NV, USA     100.0 %
Amax de Chile, Inc.
   DE, USA     100.0 %
Amax Energy Inc.
   DE, USA     100.0 %
Amax Zinc (Newfoundland) Limited
   DE, USA     100.0 %
Amax Exploration (Ireland), Inc.
   DE, USA     100.0 %
Amax Exploration, Inc.
   DE, USA     100.0 %
Amax Nickel Overseas Ventures, Inc.
   DE, USA     100.0 %
Amax Realty Development, Inc.
   DE, USA     100.0 %
Amax Research & Development, Inc.
   DE, USA     100.0 %
Amax Specialty Coppers Corporation
   DE, USA     100.0 %
Amax Specialty Metals (Driver), Inc.
   DE, USA     100.0 %
American Metal Climax, Inc.
   DE, USA     100.0 %
Ametalco, Inc.
   NY, USA     100.0 %
Ametalco Limited
   United Kingdom     100.0 %
Climax Molybdenum U.K. Limited
   United Kingdom     100.0 %
Blackwell Zinc Company, Inc.
   NY, USA     100.0 %
Climax Canada Ltd.
   DE, USA     100.0 %
Climax Engineered Materials, LLC
   CO, USA     100.0 %
Kinetics Climax, Inc.
   DE, USA     100.0 %
Cyprus Amax Chile Holdings, Inc.
   DE, USA     100.0 %
Minera Cyprus Amax Chile Limitada (b)
   Chile     67.0 %
Minera Cyprus Chile Limitada (c)
   Chile     90.3 %
Cyprus Metals Company
   DE, USA     100.0 %
Cyprus Climax Metals Company
   DE, USA     100.0 %
Amax Metals Recovery, Inc.
   DE, USA     100.0 %
Climax Molybdenum Company
   DE, USA     100.0 %
Climax Molybdenum B.V.
   The Netherlands     100.0 %
Climax Molybdenum Marketing Corporation
   DE, USA     100.0 %
Climax Molybdenum GmbH
   Germany     100.0 %

 

 

PHELPS DODGE CORPORATION AND CONSOLIDATED SUBSIDIARIES
EXHIBIT 21
LIST OF SUBSIDIARIES AND INVESTMENTS AS OF DECEMBER 31, 2006
 
                 
            Registrant’s
            Percent of
    State/Country of   Voting
    Incorporation   Power
Cyprus Metals Company, Con’t
            
Copper Market, Inc.
   AZ, USA     100.0 %
Cyprus Copper Marketing Corporation
   DE, USA     100.0 %
Cyprus El Abra Corporation
   DE, USA     100.0 %
Sociedad Contractual Minera El Abra
   Chile     51.0 %
Cyprus Tohono Corporation
   DE, USA     100.0 %
Mt. Emmons Mining Company
   DE, USA     100.0 %
Silver Springs Ranch, Inc.
   CO, USA     100.0 %
Phelps Dodge Bagdad, Inc.
   DE, USA     100.0 %
Phelps Dodge Chicago Rod, Inc.
   DE, USA     100.0 %
Phelps Dodge Miami, Inc.
   DE, USA     100.0 %
Phelps Dodge Sierrita, Inc.
   DE, USA     100.0 %
Sociedad Minera Cerro Verde S.A.
   Peru     53.6 %
Cyprus Exploration and Development Corporation
   DE, USA     100.0 %
Cyprus Minera de Chile, Inc.
   DE, USA     100.0 %
Cyprus Specialty Metals Company
   DE, USA     100.0 %
Cyprus Mines Corporation
   DE, USA     100.0 %
Climax Molybdenum Asia Corporation
   DE, USA     100.0 %
Missouri Lead Smelting Company
   DE, USA     100.0 %
United States Metals Refining Company
   DE, USA     100.0 %
Dodge & James Insurance Company, Ltd.
   Bermuda     100.0 %
Electroconductores de Honduras, S.A. de C.V.
   Honduras     59.4 %
Habirshaw Cable and Wire Corporation
   NY, USA     100.0 %
Hidalgo Mining, LLC
   NM, USA     100.0 %
James Douglas Insurance Company, Ltd.
   Bermuda     100.0 %
PD Candelaria, Inc.
   DE, USA     100.0 %
Compañia Contractual Minera Candelaria
   Chile     80.0 %
PD Cayman Corporation
   Cayman Islands     100.0 %
PD Cobre, Inc.
   DE, USA     100.0 %
Cobre Mining Company (d)
   NM, USA     50.0 %
Metallic Ventures, Inc.
   NV, USA     100.0 %
Minera Aurex (Chile) Limitada (e)
   Chile     99.9 %
PD Ojos del Salado, Inc.
   DE, USA     100.0 %
Compañia Contractual Minera Ojos del Salado
   Chile     80.0 %
Phelps Dodge Africa Cable Corporation
   DE, USA     100.0 %
Metal Fabricators of Zambia Limited
   Zambia     53.0 %
Phelps Dodge Ajo, Inc.
   DE, USA     100.0 %
Phelps Dodge Chino, Inc.
   DE, USA     100.0 %
Chino Mines Company (f)
   NM, USA     66.7 %
Phelps Dodge Corporation of Canada, Limited
   DE, USA     100.0 %
Phelps Dodge Development Corporation
   DE, USA     100.0 %
Phelps Dodge Dublin
   Ireland     100.0 %
Phelps Dodge Energy Services, LLC
   DE, USA     100.0 %
Phelps Dodge Exploration Corporation
   DE, USA     100.0 %
Phelps Dodge Industries, Inc.
   DE, USA     100.0 %
Phelps Dodge International Corporation
   DE, USA     100.0 %
PD Wire & Cable Sales Corporation
   DE, USA     100.0 %
Phelps Dodge Magnet Wire (Austria) GmbH
   Austria     100.0 %
Phelps Dodge Mercantile Company
   NY, USA     100.0 %
Phelps Dodge Mining Services, Inc.
   DE, USA     100.0 %

 

 

PHELPS DODGE CORPORATION AND CONSOLIDATED SUBSIDIARIES
EXHIBIT 21
LIST OF SUBSIDIARIES AND INVESTMENTS AS OF DECEMBER 31, 2006
 
                 
            Registrant’s
            Percent of
    State/Country of   Voting
    Incorporation   Power
Phelps Dodge Molybdenum Corporation
   DE, USA     100.0 %
Phelps Dodge Morenci, Inc.
   DE, USA     100.0 %
Phelps Dodge National Cables Corporation
   DE, USA     100.0 %
National Cables (Proprietary) Limited
   South Africa     60.0 %
Phelps Dodge of Africa, Ltd.
   DE, USA     100.0 %
Phelps Dodge Mining (Zambia) Limited
   Zambia     99.9 %
Phelps Dodge Overseas Capital Corporation
   DE, USA     100.0 %
Phelps Dodge Power Marketing, LLC
   DE, USA     100.0 %
Phelps Dodge Refining Corporation
   NY, USA     100.0 %
Phelps Dodge Safford, Inc.
   DE, USA     100.0 %
Phelps Dodge Sales Company, Incorporated
   DE, USA     100.0 %
Phelps Dodge Suzhou Holdings, Inc.
   Cayman Islands     100.0 %
Phelps Dodge (Suzhou) Magnet Wire Company Ltd.
   China     100.0 %
Phelps Dodge Thailand Limited
   Thailand     75.5 %
Soner, Inc.
   NJ, USA     100.0 %
Phelps Dodge High Performance Conductors of NJ, Inc.
   NJ, USA     100.0 %
The Morenci Water & Electric Company
   AZ, USA     100.0 %
PDM Energy, L.L.C.
   AZ, USA     100.0 %
Tyrone Mining, LLC
   NM, USA     100.0 %
Phelps Dodge Tyrone, Inc.
   DE, USA     100.0 %
Western Nuclear Australia Limited
   DE, USA     100.0 %
Western Nuclear, Inc.
   DE, USA     100.0 %
 
                
Investments carried on an equity basis:
                
 
                
Apache Nitrogen Products, Inc.
   NJ, USA     49.2 %
Copreco, L.L.C.
   AZ, USA     50.0 %
Colada Continua Chilena, S.A.
   Chile     41.0 %
Keystone Electric Wire and Cable Company Limited
   Hong Kong     20.0 %
PDTL Trading Company Limited
   Thailand     49.0 %
Phelps Dodge Philippines, Inc.
   Philippines     40.0 %
Omitted from this listing are subsidiaries that, considered in the aggregate as a single subsidiary, would not constitute a significant subsidiary.
     
(a)
  24.2 percent owned by Habirshaw Cable and Wire Corporation
(b)
  33.0 percent owned by Cyprus Specialty Metals Company
(c)
  9.7 percent owned by Cyprus Exploration and Development Corporation
(d)
  50.0 percent owned by Metallic Ventures, Inc.
(e)
  0.1 percent owned by Minera Cobre Chile Limitada
(f)
  33.3 percent owned by Chino Acquisition, Inc.