Glencore restarts Lady Loretta Zinc, Mt Isa

Glencore is planning to restart operations at the Lady  Loretta Zinc operation 110km north-west of Mt Isa.

The mine was previously closed due to low zinc prices  but is now reopening off the back of strong markets reaching a 5.5% increase in January to $US 3519.50/tonne.

Brisbane based Redpath Australia is Glencore’s mining contractor at Lady Loretta.

The restart is expected to deliver an additional 100mt of zinc concentrate.