This site provides general negotiation updates and does not replace communications from the Unions, the employees’ bargaining representative.
Frequently Asked Questions
Kennecott is hopeful that we can reach an agreement with the Unions to extend the current CBA, including agreement on compensation during the extension period, before the Apex investment proposal is presented to the Rio Tinto Investment Committee and Board of Directors. While an agreement would not guarantee approval of the Apex investment, demonstrating labor stability for the near future could strengthen the case for the project.
The planned mine expansion, referred to as Apex, is expected to produce an additional 1.2 million tons of mined copper and to extend the life of Bingham Canyon Mine to about 2040. While some early works for Apex were approved in 2025, the full mine-life extension is not yet approved. We are on track to seek full funding approval from the Rio Tinto Investment Committee and Board of Directors at the end of this year. If we receive approval, the full project would likely begin in 2027.
CBA negotiations and the Apex investment decision are separate processes. The Apex decision will depend on numerous factors.
If we do not receive approval for Apex, we will progress toward closure with an approximate closure date in 2032.
No. These are referred to as “Apex Early Works,” and they were approved separately, to allow certain projects to get underway that in the event Apex is approved, it will create a simpler start for the full project.