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Vedanta Limited set to conclude sale of Tasmanian mine by June | The Examiner

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The sale of Queentown’s Mount Lyell copper mine is expected to be wrapped up by June, its owners say, nine months after it advised the government of the process. Though it remains unknown if or when the buyer will reopen the mine which has been in care and maintenance for the past eight years. Continued operation of the mine would be the best case scenario for the government, otherwise it is liable to cover many millions of dollars in rehabilitation costs in the event of a closure. IN OTHER NEWS: And there is no sign the government has a plan on how it will address the problem of acid mine drainage from the closed mine that has already caused one of the nation’s most significant examples of environmental damage by a…



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