Hi DashThe article begins with Glencore and it's coal mines but...

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    Hi Dash

    The article begins with Glencore and it's coal mines but quickly moves to Mt Isa. Here it says that "High power costs were a major threat to the Mt Isa copper smelter and refinery".

    It then says the LNP state govt. was offering to help keep the smelter open. This may extend to a redbrick of the smelter further down the track.
    The article then goes back to coal, corporate matters and the high cost or running mines in Australia.

    Glencore has has just reported a full year profit, but a reduced one compared to the year before, and is looking at cost saving measures - including closing any operations that aren't returning a good profit.
    Last edited by bottle: 23/02/25
 
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