Kennecott Buying Copper to Fulfill Customer Orders

Summary


Rio Tinto Plc's Kennecott Utah Copper unit said it is buying copper from other producers to fulfill some sales because its own supply from the Bingham Canyon mine doesn't meet a customer's specifications.

The ore being processed at the 2 1/2-mile wide mine near Salt Lake City has more bismuth than is acceptable to a customer that makes magnet wire used in motors, James Cowley, Kennecott's vice president of sales, said in an interview.

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Kennecott Buying Copper to Fulfill Customer Orders

"We've been able to find copper ...

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