Utah copper mine reopens after laying dormant for nearly 6 years
A long-dormant copper mine in Beaver County, Utah resumed operations earlier this year under new ownership.
It was closed in 2019 amid a slump in the price of the metal due to trade war fears. But in 2023, Milford Mining acquired it and began hiring workers, according to a recent Fox 13 report.
The company has struck a deal to sell its copper to Rio Tinto Kennecott — operator of the Bingham Canyon mine and the Magna smelter — signaling confidence in the price of the metal staying high.