Mount Lyell Mining and Railway Company

Dormant Copper Mines Could Add Nearly 1 Million Tons by 2030

Expectations of a long-term copper shortage are driving miners to revive dormant sites, including Tasmania’s Mt Lyell, whose owner plans a roughly $340 million restart and production from 2029. Existing infrastructure and permitting can make old mines faster to bring online than new discoveries, though major projects also face political hurdles.