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Published • Queensland, Australia • Updated

Glencore seeks taxpayer bailout for Queensland copper smelter and refinery

Summary by Australian Financial Review
The Swiss mining giant warned its Mt Isa copper smelter and Townsville copper refinery in Queensland were struggling and required taxpayer support.

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Australian Financial ReviewAustralian Financial Review
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Glencore seeks taxpayer bailout for Queensland copper smelter and refinery

The Swiss mining giant warned its Mt Isa copper smelter and Townsville copper refinery in Queensland were struggling and required taxpayer support.

·Sydney, Australia
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Mining MagazineMining Magazine

Glencore ‘not going anywhere’ after Mt Isa sunset - Mining Magazine Australia

Mt Isa, Queensland, at sunset. Image: VanderWolf Images/shutterstock.comWorkers form the soon-to-close Mt Isa underground copper mine in Queensland are being redeployed as part of Glencore’s firm commitment to remaining a key player in the state. The second largest copper producer in Australia, the Mount Isa copper mine has been a feature of the Australian copper landscape since 1924. The mine is scheduled to close in July, but Glencore has been…

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Australian MiningAustralian Mining

Glencore reinforces commitment to Queensland mining - Australian Mining

Glencore has reaffirmed its long-term commitment to Queensland mining, redeploying workers from Mt Isa to other projects.

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iQ Industry QueenslandiQ Industry Queensland

Glencore builds case for copper smelter support

Glencore has outlined the challenges stacked against ongoing operations at its Queensland copper smelter and refinery, as it reaches out for government support.The company was assessing the future of the Mount Isa and Townsville copper processing assets against a backdrop of the largest falls in global treatment and refining charges in 25 years, chief operating […] Thank-you for your interest in iQ Industry Queensland. We invite you to …

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iQ Industry Queensland broke the news in on Wednesday, April 2, 2025.
Sources are mostly out of Australia (1)

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