A Rio Tinto senior executive said that the miner aims to keep all of the copper from its Resolution mine inside the United States should the long-delayed and controversial project win regulatory approval, reported Reuters. “Certainly if Resolution comes on stream, all of that copper we would like it to be sold in the U.S.,” said Bold Baatar, head of…
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Edited by Donna Schmidt The ore deposit at Resolution Copper in Superior, about 60 miles east of Phoenix, Ariz., lies nearly 7,000 feet below the earth’s surface and represents one of the most significant untapped copper deposits today. Once fully operational, the mine will have the potential to supply nearly 25% of U.S. copper demand. Edgar Cossio is a senior…
Read MoreThe U.S. Forest Service said it plans to re-publish an environmental report before July that will set in motion a land swap between the U.S. government and Rio Tinto, allowing the miner to develop its Resolution Copper project in Arizona, reported Reuters. In 2014, Congress approved the land exchange of 2,422 acres above a copper deposit for 5,459 acres of…
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