InvestorsHub Logo
Followers 0
Posts 6293
Boards Moderated 0
Alias Born 09/24/2007

Re: AllyAustin post# 9081

Monday, 12/10/2007 10:23:15 PM

Monday, December 10, 2007 10:23:15 PM

Post# of 83044
give the street some news already wink)



Next time you flick on a light switch, watch television, drive your car, or use your toaster, think about copper. Copper is used in everything from plumbing and wiring to roofing ... from heavy machinery to portable CD players ... from coins to blue fireworks.

As the second largest copper producer in the United States, Kennecott Utah Copper produces over 17% of America's copper output. The computer you're sitting in front of right now contains copper wire, it may have come from Kennecott.

That copper comes from the Bingham Canyon Mine, the worlds first and largest open pit copper mine, located about 28 miles southwest of Salt Lake City, Utah.

Every year, Kennecott produces about 300,000 tons of copper cathode-- along with 400,000 ounces of gold, 4 million ounces of silver, about 24 million pounds of molybdenum, and about 1 million tons of sulfuric acid, a by-product of the smelting process, which is used in farming and industry.

We sell our products to a broad base of copper fabricators and major bullion dealers throughout the United States. Eventually, some of this copper may find its way into the coins in your pocket ... your telephone, fax machine, or refrigerator ... the cooking utensils in your kitchen ... and the appliances you rely on.



http://www.kennecott.com/about_kennecott.html

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.