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. - 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...
Aker Solutions to Handle EPCM for Kennecott Moly Autoclave Project
Engineering and construction services provider Aker Solutions reported in early September that it has been awarded the engineering, procurement and construction management role for Kennecott Utah Copper Corp.'s new Molybdenum Autoclave Process MAP Project facility. The facility will be located near Kennecott's refinery west of Salt Lake City, Utah, USA....
Kennecott eyes land in canyon
Acres of Salt Lake County open space could end up as Kennecott Utah Copper Corp.'s newest mine. Earlier this week, mine officials filed a notice of intent to locate mineral claims on 80 acres of the county's Yellow Fork Canyon land. That's in addition to the...
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...
Museum to mimic Utah's landscape
A $15 million donation from Kennecott Utah Copper Corp. is projected to generate more interest in mining and the land and also help to build a new museum offering "breathtaking views" from Salt Lake City's east bench. The new Utah Museum of Natural History at the Rio Tinto...
Committee is formed to check mine stability
The committee has been formed that will pick an engineering firm to look into the seismic stability of Kennecott Utah Copper Corp.'s old south tailings impoundment. The Salt Lake County Council voted Tuesday in favor of forming a committee that will be represented by people from Magna's community...
Mine rebuilds trust a pile at a time
MAGNA -- Kennecott Utah Copper's Paula Doughty this past week described driving across a field of old mining waste on the north side of Magna as like taking a trip across Kansas. "It's kind of boring," Doughty said during a recent tour. "There's not a whole heck of...
Kennecott urged to keep cleaning
In recent years, Kennecott Utah Copper has been cleaning up about two square miles of polluted groundwater located mostly in an unincorporated area of Salt Lake County. Court documents filed Thursday on behalf of state and federal regulators seek the legal tools to make sure the mining giant stays on...
Kennecott gives $250,000 to pay for pond study
Kennecott Utah Copper President Andrew Harding surprised the Salt Lake County Council Tuesday with a $250,000 check that will fund an independent study of Kennecott's 100-year-old south tailings impoundment in Magna. News of the check, however, competed with a shouting match between Councilmen Joe Hatch and Michael Jensen....
State denies any cover-up over Kennecott tailings pond
A 1997 Kennecott Utah Copper document suggests that the state and Kennecott were part of a conspiracy to cover up evidence about potential seismic weakness in a now-retired tailings pond. The document focuses on the potential problems that could be caused by a major earthquake, especially with the...
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 |
| 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 |
| 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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