By Reuters,
March 16, 2009 at 6:31 PM
NEW YORK--(Business Wire)-- Fitch Ratings has affirmed the Issuer Default Rating (IDR) and debt ratings of Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) and its subsidiary Phelps Dodge Corporation (PD), as follows: FCX --IDR at 'BBB-'; --$1 billion