MIM Holdings Limited
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MIM Holdings Limited
MIM Holdings Limited was an Australian mining company created in 1970
Accessed 31 May 2013
as the parent company of Limited, which operates the mines in north-west . Based in , the capital city of the Australian state of Queensland, MIM Holdings owned and/or operated coal, gold, and base metal mines in
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Mount Isa Mines
Mount Isa Mines Limited ("MIM") operates the Mount Isa copper, lead, zinc and silver mines near Mount Isa, Queensland, Australia as part of the Glencore group of companies. For a brief period in 1980, MIM was Australia's largest company. It has pioneered several significant mining industry innovations, including the Isa Process copper refining technology, the Isasmelt smelting technology, and the IsaMill fine grinding technology, and it also commercialized the Jameson Cell column flotation technology. History In 1923 the orebody containing lead, zinc and silver was discovered by the miner John Campbell Miles. Mount Isa Mines Limited was one of three companies founded in 1924 to develop the minerals discovered by Miles, but production did not begin until May 1931.N Kirkman, ''Hilton Mine,'' (Mount Isa Mines Limited: Mount Isa, Queensland, 1990), 2–3. The other two companies were Mount Isa Silver Lead Proprietary and Mount Isa South. These were both acquired by MIM by late 19 ...
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Sydney
Sydney ( ) is the capital city of the state of New South Wales, and the most populous city in both Australia and Oceania. Located on Australia's east coast, the metropolis surrounds Sydney Harbour and extends about towards the Blue Mountains to the west, Hawkesbury to the north, the Royal National Park to the south and Macarthur to the south-west. Sydney is made up of 658 suburbs, spread across 33 local government areas. Residents of the city are known as "Sydneysiders". The 2021 census recorded the population of Greater Sydney as 5,231,150, meaning the city is home to approximately 66% of the state's population. Estimated resident population, 30 June 2017. Nicknames of the city include the 'Emerald City' and the 'Harbour City'. Aboriginal Australians have inhabited the Greater Sydney region for at least 30,000 years, and Aboriginal engravings and cultural sites are common throughout Greater Sydney. The traditional custodians of the land on which modern Sydney stands are ...
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Companies Based In Queensland
A company, abbreviated as co., is a Legal personality, legal entity representing an association of people, whether Natural person, natural, Legal person, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * List of legal entity types by country, business entities, whose aim is generating profit * financial entities and banks * programs or Educational institution, educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared Incorporation (business), incorporation, or published policy. When a company closes, it may need to be Liquidation, liquidated to avoid further legal obligations. Companies may associate and collectively register themselves ...
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Non-renewable Resource Companies Established In 1970
A non-renewable resource (also called a finite resource) is a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with consumption. An example is carbon-based fossil fuels. The original organic matter, with the aid of heat and pressure, becomes a fuel such as oil or gas. Earth minerals and metal ores, fossil fuels (coal, petroleum, natural gas) and groundwater in certain aquifers are all considered non-renewable resources, though individual elements are always conserved (except in nuclear reactions, nuclear decay or atmospheric escape). Conversely, resources such as timber (when harvested sustainably) and wind (used to power energy conversion systems) are considered renewable resources, largely because their localized replenishment can occur within time frames meaningful to humans as well. Earth minerals and metal ores Earth minerals and metal ores are examples of non-renewable resources. The metals themselves are present i ...
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Glencore Xstrata
Glencore plc is a Swiss multinational commodity trading and mining company with headquarters in Baar, Switzerland. Glencore's oil and gas head office is in London and its registered office is in Saint Helier, Jersey. The current company was created through a merger of Glencore with Xstrata on 2 May 2013. , it ranked tenth in the Fortune Global 500 list of the world's largest companies. In the 2020 Forbes Global 2000, Glencore International was ranked as the 484th-largest public company in the world. As of July 2022, it is the world's largest commodity trader. As Glencore International, the company was already one of the world's largest integrated producers and marketers of commodities. It was the largest company in Switzerland as well as the world's largest commodities trading company, with a 2010 global market share of 60% in internationally tradable zinc, 50% in internationally tradable copper, 9% in the internationally tradable grain market and 3% in the internationally tr ...
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Xstrata
Xstrata plc was an Anglo-Swiss multinational mining company headquartered in Zug, Switzerland and with its registered office in London, United Kingdom. It was a major producer of coal (and the world's largest exporter of thermal coal), copper, nickel, primary vanadium and zinc and the world's largest producer of ferrochrome. It had operations in 19 countries across Africa, Asia, Australasia, Europe, North America and South America. Xstrata had a primary listing on the London Stock Exchange and was a constituent of the FTSE 100 Index. It had a market capitalisation of approximately £29 billion as of 23 December 2011, making it the 16th-largest company on the London Stock Exchange. It had a secondary listing on the SIX Swiss Exchange. In the 2013 Forbes Global 2000, Xstrata was ranked as the 202nd largest public company in the world. On 2 May 2013 Xstrata was acquired by Glencore. Glencore later retired the Xstrata brand, and the company name changed from Glencore Xstrata p ...
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IsaMill
The IsaMill is an energy-efficient mineral industry grinding mill that was jointly developed in the 1990s by Mount Isa Mines Limited ("MIM", a subsidiary of MIM Holdings Limited and now part of the Glencore Xstrata group of companies) and Netzsch Feinmahltechnik ("Netzsch"), a German manufacturer of bead mills.C R Fountain, ‘Isasmelt and IsaMills—models of successful R&D,’ in: ''Young Leaders’ Conference, Kalgoorlie, Western Australia, 19–21 March 2002'' (The Australasian Institute of Mining and Metallurgy: Melbourne, 2002), 1–12. The IsaMill is primarily known for its ultrafine grinding applications in the mining industry, but is also being used as a more efficient means of coarse grinding.G S Anderson and B D Burford, "IsaMill—the crossover from ultrafine to coarse grinding," in: ''Metallurgical Plant Design and Operating Strategies (MetPlant 2006), 18–19 September 2006, Perth, Western Australia'' (The Australasian Institute of Mining and Metallurgy: Melbourne, 2006 ...
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ISASMELT
The ISASMELT process is an energy-efficient smelting process that was jointly developed from the 1970s to the 1990s by Mount Isa Mines (a subsidiary of MIM Holdings and now part of Glencore) and the Government of Australia’s CSIRO. It has relatively low capital and operating costs for a smelting process. ISASMELT technology has been applied to lead, copper, and nickel smelting. As of 2021, 22 plants were in operation in eleven countries, along with three demonstration plants located at Mt Isa. The installed capacity of copper/nickel operating plants in 2020 was 9.76 million tonnes per year of feed materials and 750 thousand tonnes per year across lead operating plants. Smelters based on the copper ISASMELT process are among the lowest-cost copper smelters in the world.J L Bill, T E Briffa, A S Burrows, C R Fountain, D Retallick, J M I Tuppurainen, J S Edwards, and P Partington, "Isasmelt—Mount Isa copper smelter progress update," in: ''Sulfide Smelting 2002'', Eds R L Stephen ...
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Bottom-blown Oxygen Converter
The Bottom-blown Oxygen Converter or BBOC is a smelting furnace developed by the staff at Britannia Refined Metals Limited (“BRM”), a British subsidiary of MIM Holdings Limited (which is now part of the Glencore group of companies). The furnace is currently marketed by Glencore Technology. It is a sealed, flat-bottomed furnace mounted on a tilting frame that is used in the recovery of precious metals. A key feature is the use of a shrouded lance to inject oxygen through the bottom of the furnace, directly into the precious metals contained in the furnace, to oxidize base metals or other impurities as part of their removal as slag.J M Floyd, “Submerged bath smelting applied to the non-ferrous metal industry,” in: ''The Paul E. Queneau International Symposium, Extractive Metallurgy of Copper, Nickel and Cobalt, Volume I: Fundamental Aspects'', Eds R G Reddy and R N Weizenbach (The Minerals, Metals and Materials Society: Warrendale, Pennsylvania, 1993), 473–488. Introductio ...
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IsaKidd Refining Technology
The IsaKidd Technology is a copper electrorefining and electrowinning technology that was developed independently by Copper Refineries Proprietary Limited (“CRL”), a Townsville, Queensland subsidiary of MIM Holdings Limited (which is now part of the Glencore group of companies), and at the Falconbridge Limited (“Falconbridge”) now-dismantled Kidd Creek refinery that was at Timmins, Ontario. It is based around the use of reusable cathode starter sheets for copper electrorefining and the automated stripping of the deposited “cathode copper” from them.J C Jenkins, “Copper tank house technology reviewed and assessed,” in: ''The Aus.I.M.M. North Queensland Branch, Smelting and Refining Operators Symposium, May 1985'' (The Australasian Institute of Mining and Metallurgy: Melbourne, 1985), 195–204. Introduction The current IsaKidd technology represents the merger of the copper refining technologies developed by the two different organisations. The initial Isa Process de ...
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Mining
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic viability of investing in the equipment, labor, and energy required to extract, refine and transport the materials found at the mine to manufacturers who can use the material. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly created artificially in a laboratory or factory. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water. Modern mining processes involve prospecting for ore bodies, analysis of the profit potential of a proposed mine, extraction of the desired materials, an ...
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