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Save Oak Flat

Rio Tinto and BHP Billiton are amassing vast copper holdings in a push to capture a greater chunk of the US$140 billion world market, apparently aiming to squeeze out high-cost producers just as they did in the global iron ore business. Separately and in joint ventures, Rio and BHP intend to mine millions of additional tonnes of copper, despite seeing an oversupplied market for the next few years. “For both companies, this is about wielding the greatest influence possible over the global marketplace,” said Gavin Wendt, senior resources analyst for Sydney-based consultants MineLife. This will be at the cost of our people here in Arizona as Apaches have dealt with Mining for generations and are still dealing with spiritual sites being demolished for an over surplus of copper...