CAPITAL MARKETS

Xstrata commits $87M to Qld zinc

SWISS mining giant Xstrata has announced the approval of an $A87 million investment to expand the Lady Loretta and Handlebar Hill mines in Queensland, which will boost its annual zinc output by 5%.

Kristie Batten
Xstrata commits $87M to Qld zinc

The company approved a further investment of $57 million to accelerate development of Lady Loretta, which was due for first production at the end of next year. The funds will boost the annual ore production...

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