Kennecott moly likely to avoid force majeure
May 24, 2013 | 01:52 PM
| Daniel Fitzgerald
NEW YORK Kennecott Utah Copper is not likely to declare force majeure for molybdenum, having managed to cover its contract commitments through ongoing mine production and purchased concentrates.
The division of London-based Rio Tinto Plc declared force majeure for its copper operations last month after an April 10 wall slide forced the company to suspend mining at Bingham Canyon, but its molybdenum operations have fared better (amm.com, April 17).....
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.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.