Bühler GmbHTBA GroupCimbriaPort of South LouisianaTelestackVan Aalst
  • Bühler GmbH
  • TBA Group
  • Multimodal 2022
  • Van Aalst
  • Telestack
  • Vigan

Resolution Copper permitting milestone

Resolution Copper permitting milestone

(Posted on 13/08/19)

Rio Tinto’s Resolution Copper project in the US has achieved a major permitting milestone with the release of an independently prepared Draft Environmental Impact Statement (DEIS) for the project. The rigorous review, conducted by the US States Forest Service over a six year period included broad public engagement.

Resolution, one of the most significant undeveloped copper deposits in the world, started the US permitting process in 2013 and the US Forest Service has conducted a comprehensive independent review under the National Environmental Policy Act (NEPA). The publication of the DEIS triggers a further public consultation process over a 90 day period, which will inform the final Environmental Impact Statement (EIS), and the next steps in the permitting process for the project.

Rio Tinto chief executive Copper & Diamonds Arnaud Soirat said “This an important milestone for Resolution, with the future development of the project being shaped by years of engagement with the local community and extensive independent study by the US Forest Service.

“Achieving this significant milestone in the rigorous US permitting process allows us to continue progressing one of the world’s most significant untapped copper deposits towards development. Resolution has the potential to supply up to 25 per cent of the United States’ copper demand and complements Rio Tinto’s other copper projects.

“Long-term copper fundamentals remain strong – with supply challenged and demand driven by the adoption of electric vehicles, the electrification of industry and a growing share of renewables in the energy mix. Rio Tinto will be well positioned to benefit from this demand outlook and to provide North American manufacturers with the materials that are essential to their products.”

The project partners will have spent over $2 billion (Rio Tinto share $1.1 billion) by 2020 to develop and permit the Resolution copper project, including $302 million of additional expenditure approved earlier this year. Work being undertaken includes reclamation of the historic Magma Copper Mine site, sinking a second shaft to mining depth, rehabilitating an existing shaft, extensive drilling and ore body testing, and the permitting and public engagement process.

Resolution Copper Mining is a limited liability company owned 55 per cent by Rio Tinto and 45 per cent by BHP. Funding is proportional among the project partners.

Latest News

Schenck Process announces mining business sale to Sandvik

(Posted on 12/05/22)

Schenck Process, a global company for sustainable, integrated measuring and process technology solutions... Read more


BHP completes the divestment of its BMC interest

(Posted on 05/05/22)

BHP has completed the sale of its 80 per cent interest in BHP Mitsui Coal (BMC) to Stanmore SMC Holdings... Read more


NGFA testifies on rail service failures experienced by grain shippers

(Posted on 27/04/22)

The National Grain and Feed Association (NGFA) in the USA has testified before the Surface Transportation... Read more


Challenging Q1 re-emphasises need to lift Rio Tinto’s ops performance

(Posted on 20/04/22)

Rio Tinto has released its first quarter production results. Chief Executive Jakob Stausholm, said: &... Read more


Universities: sand produced by Vale a solution to sustainability

(Posted on 14/04/22)

A report by the University of Queensland and the University of Geneva indicates that sand from iron... Read more


20 Soy schemes pass FEFAC benchmarking process

(Posted on 12/04/22)

FEFAC and ITC have announced that five more schemes offering responsible soy products to the European... Read more


US ag groups urge flexibility amid food crisis threat

(Posted on 01/04/22)

The National Grain and Feed Association (NGFA) in the USA has urged Agriculture Secretary Tom Vilsack... Read more


Rio Tinto completes acquisition of Rincon lithium project

(Posted on 30/03/22)

Rio Tinto has completed the acquisition of the Rincon lithium projectin Argentina for $825 million,... Read more


Ukrainian Grain Association call for humanitarian aid

(Posted on 23/03/22)

Following Russia’s invasion of Ukraine, the Ukrainian Grain Association has launched an non-political... Read more


Bühler hands over first Prime Masa plant in India

(Posted on 18/03/22)

Bühler has handed over its first Prime Masa plant in India, the second Prime Masa plant worldwide... Read more


TOC EventsThe Wolfson Centre for Bulk Solids Handling Technology Cleveland Cascades LtdPort of StocktonViganSailors Society
  • Cimbria
  • The Wolfson Centre for Bulk Solids Handling Technology
  • TOC Events
  • Port of Stockton

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping