Seems FCX would be knocking down doors for Hay Mountain opportunity presented by LBSR. For them the $6m is less than a rounding.
http://m.seekingalpha.com/article/2774145?source=ansh
"Freeport-McMoRan: Difficulty Fighting Copper Headwinds In The Short Term
If it wasn't bad enough that Freeport-McMoRan (NYSE:FCX) bet big on diversifying into oil, the global miner now faces major headwinds in copper. The latest news from Australia is that both BHP Billiton (NYSE:BHP) and Rio Tinto PLC (NYSE:RIO) are increasing plans to expand copper production."