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Copper revival boosts Townsville

The refurbishment and restart of one of Australia’s largest copper development projects bodes well for the port of Townsville.
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In December, the port will handle the first of some A$2.5B worth of concentrate exports expected over the initial 10-year mine life.

Capricorn Copper, located in a prolific base metals region, 125 km north of Mt Isa in North West Queensland, acquired the mothballed mine in October 2015, and last year completed a number of technical and economic feasibility studies, resulting in the November 2016 green light for a reopening.

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