Aditya Birla in talks to sell Mt Gordon mine

Melbourne : Aditya Birla Minerals, owned by the Aditya Birla Group, is in talks with a potential buyer to sell its Mt Gordon copper mine in Australia. After putting the mine operations under “care and maintenance” for the last 18 months, the company has said it has already started negotiations with a “third party” for sale. Aditya Birla Minerals, a copper mining company located in Australia, has operations in Western Australia and Queensland. The company conducts copper mining and exploration activities at the Nifty Copper Operation in Western Australia and the Mt Gordon Copper Operations, near Mt Isa in Queensland. The Mt Gordon operation, located in north-west Queensland, approximately 120 km north of Mt Isa, was set up to produce copper in concentrate at an annualised rate of approximately 1.4 mtpa of ore processing. The company did not undertake any field exploration on Mt Grodon since April 2013.