Swiss commodities giant Glencore said it will close the Mount Isa Mines underground copper operations and copper concentrator in Australia in the second half of 2025.

Mount Isa mines, whose copper operations produced 191,612 tons of copper cathode in 2022, is the second-largest copper producer in Australia, according to Glencore's website.

"The Mount Isa community can take a hit and get back up, the copper mine closure is taking a hit, I don't know whether it can take two hits in quick succession," Mr Peterson said.

Glencore has confirmed that it will close its Mount Isa Mines' copper underground operation in 12 weeks' time, affecting about 500 jobs directly.

The announcement by Glencore last week that its Mount Isa copper mines will close in 2025 is significant for the town. The closures affect at least 1,200 jobs in the Queensland outback community ...

Mount Isa is the epicentre of Queensland's North West Minerals Province, home to 12 copper mines. (ABC News)It comes after the mining giant announced it would shut the historic Mount Isa copper ...

Mining giant Glencore said on Wednesday it was set to close its copper operations at Mount Isa mines in Queensland, Australia by the second half of 2025. October 17, 2023.

Oct 18 (Reuters) - Mining giant Glencore GLEN.L on Wednesday confirmed that it is set to close its copper mines in Mount Isa by the second half of 2025.