Re: Le Cuivre
Publié : 08 déc. 2019, 10:54
Suite de ce post du 20 avril 2013 viewtopic.php?p=346544#p346544
https://www.miningglobal.com/operations ... ean-copperWhat does Rio Tinto’s $1.5bn Utah mine expansion mean for copper?
By DANIEL BRIGHTMORE . Dec 04, 2019
Rio Tinto has announced a $1.5bn investment to expand its Utah copper mine Kennecott which will expand operations to 2032.
The move reflects a growing trend for miners to invest in strategic mineral projects across the United States. The investment will further extend strip waste rock mining and support additional infrastructure development in the second phase of the South Wall Pushback project, to allow mining to continue into a new area of the ore body and deliver close to one million tonnes of refined copper between 2026 and 2032. It will also allow further exploration of the deposit and options for mine life extension.
Rio Tinto chief executive J-S Jacques commented: “This is an attractive, high value and low risk investment that will ensure Kennecott produces copper and other critical materials to at least 2032. The outlook for copper is attractive, with strong growth in demand driven by its use in electric vehicles and renewable power technologies, and declining grades and closures at existing mines impacting supply.
“Kennecott is uniquely positioned to meet strong demand in the United States and delivers almost 20% of the country’s copper production. North American manufacturers have relied on high quality products from Kennecott for the past century and this investment means it will continue to be a source of essential materials into the next decade.”