Column: Trump 2.0 won’t reverse Biden’s critical minerals push
Donald Trump has described the Inflation Reduction Act (IRA) as a "green scam" and vowed to repeal it after he returns to the White House in January.
Rio Tinto, Kennecott Utah Copper’s (KUC) parent company, will invest $340 million in the construction of a new molybdenum autoclave process (MAP) facility at KUC in Magna, Utah. This will ensure lower-grade molybdenum concentrate is processed more efficiently than through conventional roasters, allow improved metal recovery and operating flexibility, and enable production of metallurgical and higher chemical grade products. MAP will also make it possible for KUC to recover additional by-products from its concentrate. (more…)