Glencore’s Mount Isa copper mine, employing 1200 workers, set to close after reaching ‘end of life’
Glencore will cease operations in Mt Isa at one of the biggest copper mines in the world from 2025.
The multinational company has notified 1200 workers that after 60 years mining copper in the far northwest Queensland city, underground operations and the copper concentrator will close.
“Glencore has conducted a range of studies and reviews seeking to further extend the life of the underground copper mines but unfortunately it has not been possible and they have reached the end of mine life,” the miner said in a statement.
Ann: TNC Presentation North West Qld Copper Conference, page-16
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