Asarco to layoff 160 in Arizona due to copper price plunge
Summary:
Asarco is laying off 160 workers, with 130 at the Hayden and Ray operations and 30 at the Mission mine [right, credit, Asarco], due to the drop in copper prices. Asarco's announcement stated:
Last week Asarco gave notice to union representatives in advance
of potential reduction in workforce at the Ray Mine, Hayden Mill,
Mission Mine and consideration for shutting down the Moly Plant. Final
Content analysis:
Geographic context:
Location | Country | Latitude | Longitude |
Arizona | US | 34.1679 | -111.931 |
Keywords:
advance, announcement, Arizona, Asarco, consideration, copper price plunge, copper prices, drop, Hayden, Mission, Moly Plant, notice, potential reduction, Ray operations, union representatives, workers, workforce