Rio Tinto invests nearly $1 billion in Kennecott as EVs fuel demand for copper
Second underground portal and a smelter overhaul could extend the life of the 120-year-old mine.
(Chris Samuels | The Salt Lake Tribune) Operations in the Bingham Copper Mine, Tuesday, Sept. 27, 2022. Mine operator Kennecott has announced it was investing almost a billion dollars and opening a second underground mine as copper demand rises.