CAPITAL MARKETS

Xstrata flags its Mt Isa options

XSTRATA has indicated that Universal Resources’ Roseby copper project could be an ideal provider of concentrate for its Mt Isa smelter after the Ernest Henry deposit is exhausted early next decade.

Michael Quinn
Xstrata flags its Mt Isa options

In an interview reported last week, the chief executive of Xstrata’s global copper business Charlie Sartain, told Reuters that Ernest Henry would run out of ore in 2012 or 2013. “Roseby could be the...

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