High energy costs threaten Glencore's Mount Isa smelter

摘要

Global miner and commodity trader Glencore is considering the future of its Mount Isa copper smelter and associated Townsville refinery in Queensland, Australia, against a background of high energy prices. "These assets are facing significant international competition and high fixed costs in Australia which negatively impacts their ongoing commercial viability," a company spokesman was quoted as saying by The Australian newspaper.