20
Jun
16:33
Rio Tinto invests $975m in Kennecott's Utah copper operations
Rio Tinto said Tuesday it is investing nearly $975 million to expand and improve copper production at its Kennecott operation in Utah, western United States, Kallanish reports.
The Anglo-Australian mining giant is investing $498m for underground mining development and infrastructure in an area known as the North Rim Skarn in a move to boost copper supply in the US. Production from that area will begin in 2024 and is expected to ramp up over two years to deliver 25…
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Anonymous
Very good overview of the weekly steel market.
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