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Kennecott Land was established by Rio Tinto in April 2001 to develop surplus mining land. Daybreak Community , the first part of the process, is situated on 4,126 acres (1,670 ha; 16.70 km 2 ) in the city of South Jordan where 20,000 homes and up to 14,000,000 square feet (1,300,000 m 2 ) of commercial space are planned.
In 1986, Kennecott discovered gold in nearby Barney's Canyon. [18] The Bingham Canyon Mine, an aerial photograph taken June 2018. KCC was purchased by Sohio in 1981, and the mine reopened in 1987 after BP Minerals purchased the assets. In 1989 the Rio Tinto Group acquired the asset, which modernized the mine, mill, and smelter. [17]: 9
The operator of the mine, the Ridgeway Mining Company, is a subdivision of Kennecott Minerals. Kennecott is a subdivision of Rio Tinto which is one of the world's largest mining companies. The mine faced fierce opposition from the local community while applying for permits and licensing from government regulators.
The Bingham Canyon Reclamation Project, in Utah, was a 1973 site-specific mine reclamation design that artist Robert Smithson submitted to the mine's management company, Kennecott Copper Corporation. The design re-imagined Bingham Canyon Mine , the world's largest open pit mine , as a monumental work of land art .
Rio Tinto, Garfield, Utah [10] Freeport McMoRan, Miami, Arizona [11] The United States is a net exporter of copper ore and copper concentrate. In 2015, out of 1.25 million metric tons of recoverable copper metal extracted from mines, 320,000 tons of copper were exported in the form of ore and concentrate, to be smelted and refined elsewhere.
Daybreak is a master-planned community of over 4,000 acres (16 km²) located in South Jordan, Utah. Daybreak was originally owned by Kennecott Land, but as of 2024, it was being developed by the Larry H. Miller Company.
In November 2007, Rio Tinto Group announced that it would try to divest RTEA and its assets. As a first step in that effort, Rio Tinto agreed in March 2009 to sell the Jacobs Ranch coal mine to Arch Coal for a sum of $761 million. [1]
Rio Tinto Group is a British-Australian multinational company that is the world's second largest metals and mining corporation (behind BHP). [3] It was founded in 1873 when a group of investors purchased a mine complex on the Rio Tinto, in Huelva, Spain, from the Spanish government.