Business
Mothballed Mt Lyell copper mine in Queenstown offered for sale after coronavirus stalls restart plan – ABC News
Copper Mines of Tasmania reveals the Mt Lyell mine is being sold after failing to restart operations in February, blaming the coronavirus impact on parent company Vedanta Resources.
Copper Mines of Tasmania (CMT) has confirmed its Indian parent company Vedanta Resources wants to sell the mothballed Mt Lyell operation at Queenstown.
Key points:
- Vedanta Resources confirmed the Mt Lyell copper mine is for sale
- The mine has been in care and maintenance following three tragic deaths in 2013
- West Coast Mayor Phil Vickers declared it good news for the community
CMT had indicated an announcement was imminent, possibly later this week, after West…
Continue Reading
-
Noosa News17 hours agoHow Lily Steele-Park took her rapist to court and won
-
Business22 hours agoFord CEO makes stunning prediction about artificial intelligence
-
General23 hours agoRush to buy homes before rate cuts send prices soaring
-
Business20 hours ago5 things to watch on the ASX 200 on Tuesday 8 July 2025