UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
(Date of Report/Date of earliest event reported): December 22, 2005
PHELPS DODGE CORPORATION
(Exact name of registrant as specified in its charter)
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NEW YORK
(State or other jurisdiction
of incorporation)
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001-00082
(Commission File Number)
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13-1808503
(IRS Employer
Identification No.) |
One North Central Avenue
Phoenix, Arizona 85004-4414
(Address and zip code of principal executive offices)
(602) 366-8100
(Registrants telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c)) |
TABLE OF CONTENTS
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On December 22, 2005, Phelps Dodge Corporation, a New York corporation (Phelps Dodge),
entered into a Reclamation and Remediation Trust Agreement (the Agreement) with Wells Fargo
Delaware Trust Company, a Delaware limited purpose trust company, as trustee. The Agreement
established a trust (the Trust) dedicated to funding Phelps Dodges global environmental
reclamation and remediation activities. Phelps Dodge contributed
$100 million to the Trust on December 22, 2005 and expects
to contribute an additional $300 million during the first quarter of 2006.
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