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Mining Weekly reported that Vedanta Resources plc (LSE:VED) has made the final shipment from its Lisheen zinc mine in Ireland. The mine’s closure will take about 120,000 tonnes of zinc a year off the market.
Mining Weekly reported that Vedanta Resources plc (LSE:VED) has made the final shipment from its Lisheen zinc mine in Ireland. The mine’s closure will take about 120,000 tonnes of zinc a year off the market.
As quoted in the market news:
The Lisheen mine consisted of an underground mine, concentrator and backfill plant, and typically produced 300 000 t of zinc concentrate and 38 000 t of lead concentrate a year.
But now mining and milling have given way to fully pre-funded rehabilitation in a style that is winning plaudits.
Land has been leased to a private wind-farm company and there are many wind turbines on site, which put power into the national grid, with royalties accruing to Vedanta.
“When I was there to do an official closing ceremony on November 30, Vedanta received accolades from Environmental Minister Alan Kelly and Tipperary county councillor John Hogan,” Vedanta Zinc International CEO Deshnee Naidoo told Creamer Media’s Mining Weekly Online in a telephone interview.