RIO News: Rio Tinto (RIO) Invests in Kennecott to Boost Copper Supply - 22nd Jun 2023, 3:49am

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Rio Tinto RIO is investing in underground development infrastructure and strengthening its processing facilities at its Kennecott operation. This will help the company boost its copper output and capitalize on the growing demand for the metal stemming from the trend of energy transition.

Kennecott, located near Salt Lake City, UT, has been mining and processing minerals from the rich ore body of the Bingham Canyon Mine since 1903. It is currently the second-largest copper producer in the United...

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