How one startup is recovering copper from old mines that were left for dead in the 1980s
In central Arizona, about 90 miles east of Phoenix, an old open-pit copper mine sits full of water. The mine closed in the 1980s, left to accumulate rain and groundwater. These “pit lakes,” as they’re called, are monitored so that they don’t contaminate the environment, but…
In central Arizona, about 90 miles east of Phoenix, an old open-pit copper mine sits full of water. The mine closed in the 1980s, left to accumulate rain and groundwater. These “pit lakes,” as they’re called, are monitored so that they don’t contaminate the environment, but…
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This is a niche environmental and mining innovation story with limited direct impact on credit markets, lending practices, or broader financial conditions relevant to sophisticated credit professionals.
Sources
Fast Company
How one startup is recovering copper from old mines that were left for dead in the 1980s
In central Arizona, about 90 miles east of Phoenix, an old open-pit copper mine sits full of water. The mine closed in the 1980s, left to accumulate rain and groundwater. These “pit lakes,” as they’re called, are monitored so that they don’t contaminate the environment, but…