Copper Mines of Tasmania is the successor company to the

Mount Lyell Mining and Railway Company Mount Lyell Mining and Railway Company was a Tasmanian mining company formed on 29 March 1893, most commonly referred to as ''Mount Lyell''. Mount Lyell was the dominant copper mining company of the West Coast from 1893 to 1994, and was based in ...

that operated in

Queenstown, Tasmania Queenstown is a town in the West Coast region of the island of Tasmania, Australia. It is in a valley on the western slopes of Mount Owen on the West Coast Range. At the , Queenstown had a population of 1,808 people. History Queenstown's his ...

for just short of one hundred years.

History

The first form of the company existed during the time of the

Mount Lyell Remediation and Research and Demonstration Program The Mount Lyell Remediation and Research and Demonstration Program was a joint rehabilitation programme between the Supervising Scientist Australia and the Department of Environment and Land Management, Tasmania to clean up the King River, Queen ...

. Following the first form going into administration in 1998 the mine was then acquired in 1999 by Monte Cello BV. First it operated as a subsidiary and then acquired by

Sterlite Industries Sterlite Copper is a subsidiary of Sterlite industries, a company owned by Vedanta Limited. History It was originally incorporated as Rainbow Investments in 1975, the name of the company was changed to Sterlite Cables in 1976. It was later r ...

(India) Limited. It is now owned by

Vedanta Resources Vedanta Resources Limited is an Indian diversified mining company headquartered in London, United Kingdom. It is the largest mining and non-ferrous metals company in India and has mining operations in Australia and Zambia and oil and gas opera ...

. Its mine output goes to supply the companies copper smelter in Tuticorin, India. Production stopped at the mine in January 2014 following three deaths. Its reopening was subsequently prevented by a rockfall. As of July 2014, it was not expected to reopen for up to three years.

References

External links

* https://web.archive.org/web/20080719025839/http://cmt.com.au/history.asp Copper Mines of Tasmania history {{Authority control Non-renewable resource companies established in 1999 Companies based in Tasmania Copper mining companies of Australia Western Tasmania Australian companies established in 1999 Vedanta Resources

History

See also

References

External links