Rio’s abandoned copper mine life threatening

Original article by Elouise Fowler
The Australian Financial Review – Page: 25 : 7-Dec-24

A report by consulants Tetra Tech Coffey has found that Rio Tinto’s abandoned Panguna copper mine in Bougainville poses a number of "imminent, life-threatening risks", and that it could take over 100 years for the local environment to recover from its impact. Rio abandoned the mine in 1989 after a dispute over revenue-sharing helped spark Bougainville’s civil war with Papua New Guinea, which led to the loss of more than 15,000 lives. Panguna was majority owned by Rio until 2016, when it gave up its stake in Bougainville Copper to the Papua New Guinea and Bougainville governments, but Tetra Tech Coffey’s report adds to growing pressure on Rio to assume esponsibility for the legacy of the mine.

CORPORATES
TETRA TECH COFFEY, RIO TINTO LIMITED – ASX RIO, BOUGAINVILLE COPPER LIMITED – ASX BOC