Rio Tinto Declares Force Majeure at Kennecott

Mining Weekly reported that Rio Tinto has declared force majeure at its Kennecott mine, following a landslide that caused more damage to equipment than originally thought.

As quoted in the market report:

Because of the slide and immediate impacts, Kennecott is invoking ‘force majeure’ in accordance with terms in the agreements with companies that we supply copper cathodes and sulphuric acid,” Bennett said.

To view the whole Mining Weekly report, click here.