COPPER MINES AND MINING – UNITED STATES

Trump slams activists over Rio, BHP copper mine delay

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Original article by Jessica Gardner
The Australian Financial Review – Page: Online : 20-Aug-25

The US Department of Agriculture’s Forest Service division gave final environmental approval for the Resolute Copper project in June. However, the US 9th Circuit Court has granted a temporary administrative injunction to block the transfer of land that is necessary for the BHP and Rio Tinto project in Arizona to proceed to its next stage. President Donald Trump has criticised the coalition of activists that had sought the injunction; he has stated on the Truth Social platform that the activists are "anti-American" and represent other countries that compete in the copper sector. Trump also targeted the "radical left" court for delaying the copper project.

CORPORATES
BHP GROUP LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, RESOLUTION COPPER MINING LLC, UNITED STATES. DEPT OF AGRICULTURE. FOREST SERVICE, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT

Religious freedom challenge for Rio and BHP’s US copper mine

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Original article by Peter Ker
The Australian Financial Review – Page: 18 : 17-Apr-24

BHP and Rio Tinto are facing another legal challenge to their joint venture Resolution Copper project in Arizona. The plaintiffs from the San Carlos Apache tribe are seeking to overturn a 2014 deal to transfer federal land to the joint venture; this land includes an area known as Oak Flat, which is regarded as a sacred site by Native Americans. The case will be argued on the basis that disturbing a sacred site would breach the Religious Freedom Restoration Act. Resolution is slated to produce 40 billion pounds of copper concentrate over four decades.

CORPORATES
BHP GROUP LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, RESOLUTION COPPER MINING LLC

Rio wears cash drain to bet on copper

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Original article by Peter Ker
The Australian Financial Review – Page: 19 : 5-Dec-19

Rio Tinto will extend the life of its Kennecott copper mine in the US until at least 2032 after unveiling plans to spend $US1.5bn on a new pit wall cutback. Rio Tinto is also widely tipped to spend some $US1.5bn on the expansion of its Oyu Tolgoi copper mine in Mongolia in 2020. The capital investment programs have raised doubts as to whether Rio Tinto’s copper and diamonds division will generate free cash flow in 2020. Copper and diamonds have accounted for the bulk of its expenditure on exploration in 2019.

CORPORATES
RIO TINTO LIMITED – ASX RIO, BHP GROUP LIMITED – ASX BHP

Resolution project still years away, says Rio boss

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Original article by Paul Garvey
The Australian – Page: Online : 12-Aug-19

Rio Tinto CEO Jean-­Sebastien Jacques says an investment decision on the Resolution copper project in the US state of Arizona could be as long as five years away. Rio owns a 55 per cent stake in the project, while BHP owns the remaining 45 per cent. The proposed Resolution mine would be one of the biggest and deepest mines in the US, and could potentially supply up to 25 per cent of that country’s demand for copper.

CORPORATES
RIO TINTO LIMITED – ASX RIO, BHP GROUP LIMITED – ASX BHP

Why BHP, Rio fear Sanders

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Original article by Peter Ker
The Australian Financial Review – Page: 18 : 4-Feb-16

The future of the proposed Resolution copper mine joint venture between BHP Billiton and Rio Tinto could depend on the outcome of the 2016 US presidential election. The mine’s development is opposed by Senator Bernie Sanders, who is seeking nomination as the Democratic Party’s candidate. He has narrowly lost the Iowa caucus to Democrats frontrunner Hillary Clinton, after previously being regarded as having little chance of being a contender for the party’s nomination.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, DEMOCRATIC PARTY (UNITED STATES)

BHP-Rio face US opposition to copper mine expansion

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Original article by John Kehoe
The Australian Financial Review – Page: 13 & 18 : 22-Jun-15

The proposed Resolution Copper project in Arizona remains uncertain due to a push to overturn legislation passed by the US Congress for a land-swap deal. Rio Tinto holds a 55 per cent stake in the Resolution Copper joint venture and BHP Billiton holds the remainder. A group of House of Representatives members has introduced legislation to nullify the land-swap, while Apaches object to the project as it is on land adjacent to a sacred site.

CORPORATES
RIO TINTO LIMITED – ASX RIO, BHP BILLITON LIMITED – ASX BHP, RESOLUTION COPPER MINING LLC, REPUBLICAN PARTY (UNITED STATES), DEMOCRATIC PARTY (UNITED STATES), UNITED STATES. DEPT OF THE INTERIOR