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Rio Tinto ups resources to 628Mt at Kennecott Utah Copper
Posted on May 16, 2008
Amidst a takeover battle with BHP Billiton, Rio Tinto has further strengthened its global copper resources with the upgrade of mineral resources to 638 million tonnes at 0.48% copper at its wholly owned Kennecott Utah Copper Bingham Canyon Mine. As the second largest copper producer in the United States, Kennecott Utah Copper provides about 13% of U.S. copper needs. Every year, Kennecott produces approximately 272,000 tonnes of copper, along with 500,000 ounces of gold, 4 million ounces of silver, about 30 million pounds of molybdenum and about 0.9 million tonnes of sulphuric acid. Kennecott ...
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