Inside job suspected in theft of Asarco ingot
Nov 15, 2012 | 04:02 PM
| Samuel Frizell
Tags
Asarco,
U.S. Customs,
copper ingots,
Grupo Mexico,
theft,
Samuel Frizell
NEW YORK — U.S. Customs officials and Arizona police have seized copper ingots worth more than $1.5 million allegedly stolen from producer Asarco LLC in what law enforcement officials say could be an inside job at the company’s copper smelter in Hayden, Ariz.
Acting on a tip, Arizona police stopped a flat-bed truck from the Hayden facility on a state highway in September and recovered 49 copper ingots, according to the state Department of Public Safety. Police traced the copper back to a residence in Marana, Ariz., where 56 more ingots were recovered.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here