UNDERGROUND

Resolution Copper further along permitting path

Rio Tinto and BHP’s Resolution Copper project in Arizona, US, has reached a milestone with the release of an independently prepared draft environmental impact statement (DEIS)

Staff reporter
Resolution is one of the world's largest undeveloped copper resources

Resolution is one of the world's largest undeveloped copper resources

The six-year review was conducted by the US States Forest Service.

The publication of the DEIS triggers a further public consultation process over a 90-day period, which will inform the final environmental impact statement (EIS) and the next steps in the permitting process for the project.

"This is an important milestone for Resolution, with the future development of the project being shaped by years of engagement with the local community and extensive independent study by the US Forest Service," Rio Tinto chief executive Copper & Diamonds Arnaud Soirat said.

"Achieving this significant milestone in the rigorous US permitting process allows us to continue progressing one of the world's most significant untapped copper deposits towards development."

Rio Tinto says Resolution has the potential to supply up to 25% of the US' copper demand.

"Long-term copper fundamentals remain strong - with supply challenged and demand driven by the adoption of electric vehicles, the electrification of industry and a growing share of renewables in the energy mix," Soirat said.

"Rio Tinto will be well positioned to benefit from this demand outlook and to provide North American manufacturers with the materials that are essential to their products."

Rio Tinto owns 55% of the project, with BHP holding the balance. The joint venture will have spent more than US$2 billion on Resolution by 2020, including US$302 million approved this year.

Work underway includes reclamation of the historic Magma copper mine site, sinking a second shaft to mining depth, rehabilitating an existing shaft, extensive drilling and orebody testing, and the permitting and public engagement process.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions

editions

Mining Magazine Intelligence Exploration Report 2023 (feat. Opaxe data)

A comprehensive review of current exploration rates, trending exploration technologies, a ranking of top drill intercepts and a catalog of 2022 Initial Resource Estimates and recent discovery successes.