Swiss mining giant Glencore is set to announce it will close its three underground copper mines in Mount Isa by the second half of 2025.
is set to close its copper mining operations in Mount Isa by the end of 2025 - which will result in the loss of about 1000 jobs - but it will keep its refinery and smelters open in Central Queensland.
But in a bid to allay local concerns, Glencore will confirm it will keep its copper smelter in Mt Isa and refinery in Townsville open, with enough third-party work to keep them profitable.Glencore employs about 3500 people across its zinc and copper operations in Mt Isa.
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