Connect with us

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.

Published

on

post featured image

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…

Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending