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The Queensland Government has tabled an offer of support to Glencore’s Mount Isa copper smelter and Townsville refinery.
The mine operator said it was no longer financially viable and the closure would result in the loss of 500 jobs.
The North West resources sector has delivered a whopping $15 billion to state and federal coffers in the past decade alone ...
Mining multinational Glencore says it will be forced to close its Queensland copper operations after failing to reach a ...
In an internal memo, Glencore confirmed it is set to shut its final two copper mines in Mount Isa unless the government steps ...
Glencore (LSE:GLEN,OTC Pink:GLCNF) is preparing to shut down its final two Australian copper mines next week, ending more ...
Glencore is preparing to press pause on copper smelting and refining in North Queensland after the state government’s ...
Mount Isa and Townsville’s business communities fear the adverse consequences if Glencore was to push ahead with pausing its operations at its copper smelter and refinery, endangering thousands of ...
Oct 18 (Reuters) - Mining giant Glencore (GLEN.L) said on Wednesday it was set to close its copper operations at Mount Isa mines in Queensland, Australia by the second half of 2025.