BNET Industries
Last Fiscal Year Sales:$750.0M
- Private
- US
Dow Jones Description
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.
CEO
Bruce FarmerNumber of Employees 1,700
Contact Information
8362 W 10200 S
Bingham Canyon, Utah 84006-0351
(801) 569-6700
Peer Companies
NAICS Code Primary Smelting and Refining of Copper: 331411
Recent Events
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Kennecott Copper appoints new CEO
News & Analysis
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kennecott utah copper corp. and rio tinto - All News and Analysis
Rio Tinto to lay off 14,000 worldwide
COPPERTON -- Mining goliath Rio Tinto Group, parent company of Kennecott Utah Copper, said Wednesday that it plans to reduce its net debt by $10 billion by the end of 2009 and cut 14,000 jobs worldwide. "We will have to identify some jobs for reductions. There will be...
Rio Tinto Announces a Resource Increase of 628 Million Tonnes at Kennecott Utah Copper
LONDON -- Rio Tinto has further strengthened its global copper resources with the upgrade of mineral resources to 637 million tonnes at 0.48 per cent copper at its wholly owned Kennecott Utah Copper Bingham Canyon Mine. The resource is located beneath the current Bingham Canyon pit, and is currently under...
Kennecott Utah Copper's 2007 production soared
Kennecott Utah Copper's KUC Bingham Canyon Mine was the top producing mine in the Rio Tinto Group for 2007, having the highest net earnings in the company, with $1.6 billion. KUC, which meets approximately 13 percent of the copper needs in the United Slates, increased its copper production in 2007...
Kennecott Utah Copper still studying ways to keep mine operational for next 30 years
Since 1906 Kennecott Utah Copper's Bingham Canyon Mine has been an important player in Utah's economy by being a major employer, a major supplier of resources used by members of the community and through its philanthropic contributions into the community. "Kennecott has a great standing in the community and we...
Kennecott companies join the Climate Registry
CLIMATE CHANGE The Climate Registry, a voluntary reporting system for greenhouse gas GHG emissions, picked up the support of Kennecott Utah Copper KUC and Kennecott Land KL. The Climate Registry was developed in collaboration with 39 states, including Utah, five provinces and three tribes. By joining the registry, the Kennecott...
Kennecott's owner planning to expand, increase output
Kennecott Utah Copper's parent company will invest $170 million to expand mine operations, purchase new equipment and make other improvements it says will extend the life of the mine until 2017. The expansion likely will mean more jobs at Kennecott, but details about numbers are still to be...
Kennecott is planning expansion
Kennecott Utah Copper's parent company will invest $170 million to expand mine operations, purchase new equipment and make other improvements it says will extend the life of the mine until 2017. The expansion likely will mean more jobs at Kennecott, but details about numbers are still to be...
International Union Vows to Take Mining Giant Rio Tinto to Tasks.
By Bob Mims, The Salt Lake Tribune Knight Ridder/Tribune Business News Sep. 27--Union leaders representing eight nations concluded their biennial conference in Salt Lake City on Friday by vowing to rein in international mining conglomerate Rio Tinto on labor and environmental rights...
Kennecott cutback at North Concentrator ...(Kennecott Utah Copper Corp.)(Brief Article)
Rio Tinto plc reports that its wholly-owned subsidiary, Kennecott Utah Copper Corp., will begin to suspend operations at its North Concentrator on June 1. Bruce Farmer, Kennecott's president and chief executive, says that the suspension is in response to "difficult market conditions, and the need to...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Bruce Farmer | CEO |
| James Cowley | Vice President Marketing and Sales |
| Marcelle Shoop | Director of Sustainable Development |
| Crystal Halladay | Manager, Precious Metals & Sulfuric Acid Sales |
| Frank Klobchar | Manager Health and Safety |
| Chantae Lessard | Senior Adviser Community Outreach |
| Craig Cook Jr | Financial Analyst |
| Cynthia Skousen | Account Executive Sulfuric Acid Sales |
| Diana Wood | Senior Sales Account Executive Molybdenum |
| Gina Crezee | Principal Adviser Local Government and Community Relations |
| Jackie Christensen | Advanced Operator Power Plant |
| Jana Kettering | Senior Adviser Communications and Media Relations |
| Karen Ellis | |
| Katherine Stowe | Commercial Administrator |
| Kelly Johnson | Specialist, Community Outreach |
| Petra Paleocrassas | Commercial Executive |
| Tony Johnson | Senior Training Coordinator |
| Vania Grandi | Senior Communications Advisor, Sustainable Development |
| Eva Model | Director |
A mentor of mine growing up was a man by the name of Bruce Farmer. When I met Mr. Farmer I was about 12 years old. He moved to Salt Lake City to be CEO of Kennecott Utah Copper and I was fortunate enough to be able to become good friends with him and his family. Mr. Farmer to me is the epitome of a leader. He got to where he was, leading one of the biggest mining companies in the world, without having any college education and through sheer hardwork. He has seen and done it all, before Salt Lake he was living in South Africa and served as an Election and Reconciliation Coordinator (he ran a big mining operation there) for the South African government at the end of Apartheid and his stories of what went on during that time are inspiring. He climbed Everest twice, Kilimanjaro for his 25th wedding anniversary, paintballed (with me), started skiing when he moved here and quickly became an expert. Most of all, he is an inspiration to everyone that has ever worked for him. In my opinion, he is never the person that demands respect, he commands it. I believe that a true leader is someone that you know who would never ask someone to do something that they wouldn't do themselves if they could. Nothing to me is more inspiring to troops - whether that be employees, friends, family members or Scouts, then when whoever it is, regardless of rank or seniority, you know would get into the nitty gritty right there with you to help out. Think about it - the times that you remember a great leader, is it when they bark out orders or is it when they have their arms deep into the garbage you are looking through together to find a retainer that a customer threw away by accident (a whole another story about my first day on my first HS job). For me, events like that make me "want to die for someone" in the sense that you will always respect that person and always do what you can to do your best. Bruce is one of those people. I need to be one of those people. Tonight, I need to brave the cold. Wish me luck.
| Organization | Position | Status |
|---|---|---|
| Kennecott Utah Copper Corporation | CEO | Current |
| Hirevue, Inc. | Current |
| Organization | Position | Status |
|---|---|---|
| Kennecott Utah Copper Corporation | Vice President Marketing and Sales | Current |
| Organization | Position | Status |
|---|---|---|
| Kennecott Utah Copper Corporation | Director of Sustainable Development | Current |
| Organization | Position | Status |
|---|---|---|
| Kennecott Utah Copper Corporation | Manager, Precious Metals & Sulfuric Acid Sales | Current |
| Organization | Position | Status |
|---|---|---|
| Kennecott Utah Copper Corporation | Manager Health and Safety | Current |
| Organization | Position | Status |
|---|---|---|
| Kennecott Utah Copper Corporation | Senior Adviser Community Outreach | Current |
| Organization | Position | Status |
|---|---|---|
| Kennecott Utah Copper Corporation | Financial Analyst | Current |
| Organization | Position | Status |
|---|---|---|
| Kennecott Utah Copper Corporation | Account Executive Sulfuric Acid Sales | Current |
| Organization | Position | Status |
|---|---|---|
| Kennecott Utah Copper Corporation | Senior Sales Account Executive Molybdenum | Current |
| Organization | Position | Status |
|---|---|---|
| Kennecott Utah Copper Corporation | Principal Adviser Local Government and Community Relations | Current |
| Organization | Position | Status |
|---|---|---|
| Kennecott Utah Copper Corporation | Advanced Operator Power Plant | Current |
| Organization | Position | Status |
|---|---|---|
| Kennecott Utah Copper Corporation | Senior Adviser Communications and Media Relations | Current |
Karen assisted Kennecott Utah Copper's Human Resource department for over 4 years and has been a valuable asset to the Benefit and Employee Services team at Rio Tinto, the parent company to Kennecott Utah Copper Corporation. Karen was responsible for the creation and maintenance of the employee benefit and personnel files for over 500 employees. Karen's excellent customer service skills proved invaluable to her former employers and co-workers. Karen brings to CBD-TDAC a positive, cheerful attitude with a willingness to assist where needed and a desire to help further the work of the Center. Karen attended Fresno City College where she studied office training and business management.
| Organization | Position | Status |
|---|---|---|
| Kennecott Utah Copper Corporation | Current | |
| Cbd-Tdac | Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| Kennecott Utah Copper Corporation | Commercial Administrator | Current |
| Organization | Position | Status |
|---|---|---|
| Kennecott Utah Copper Corporation | Specialist, Community Outreach | Current |
| Organization | Position | Status |
|---|---|---|
| Kennecott Utah Copper Corporation | Commercial Executive | Current |
| Organization | Position | Status |
|---|---|---|
| Kennecott Utah Copper Corporation | Senior Training Coordinator | Current |
| Organization | Position | Status |
|---|---|---|
| Kennecott Utah Copper Corporation | Senior Communications Advisor, Sustainable Development | Current |
| Organization | Position | Status |
|---|---|---|
| Kennecott Utah Copper Corporation | Director | Current |
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