Grupo Mexico Plans Major US Copper Investments
Grupo Mexico plans to invest billions in its US mining unit Asarco to expand operations and restart the Hayden smelter. The move follows a drop in third quarter copper output.
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GRUPO MEXICO SAB DE CV-SER B will invest $4 billion to $6 billion over three years in United States copper operations after third-quarter output fell 2%. The spending targets Arizona mine expansions and a smelter restart.
