Case | HBS Case Collection | April 1995

Phelps Dodge Corporation

by W. Carl Kester and Kendall Backstrand


A prolonged decline in copper prices prompts Phelps Dodge, one of the world's largest independent copper companies, to consider corporate diversification as a means of protecting itself from copper price volatility.

Keywords: Diversification; Price; Volatility; Risk Management; Mining Industry; Arizona; United States;


Kester, W. Carl, and Kendall Backstrand. "Phelps Dodge Corporation." Harvard Business School Case 295-132, April 1995.