US mart lukewarm to possible closure of HudBay smelter

Dec 03, 2007 | 08:17 AM | Sean Barry

The possible closure of HudBay Minerals Inc.'s aging copper smelter in northern Manitoba will not have a major impact on the U.S. copper market as the concentrate sent there would just end up processed elsewhere, according to trade sources.

HudBay said late last week that it could forced to shut the facility, which produces between 80,000 to 90,000 tonnes of copper per year, because the smelter might not be able to meet tough new federal emissions standards.

If the 80-year old plant is closed, HudBay is likely continue to mine the ore and produce and sell the copper concentrate, a spokesman for the company said.....

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