"Meanwhile, Grupo Mexico's hard-fought reacquisition of U.S. copper miner Asarco will generate tax benefits of US$1.024 billion for Grupo, which will be realized beginning the second quarter of this year." (the tax benefits ALONE for that 2nd quarter will be TWENTY TIMES the TOTAL AMOUNT that El Paso TX will get to "clean up" over 100 years of smelting wastes and nearly ten years of secret toxic-waste incineration (of only god-knows-what) to make this entire region safe for its millions of residents -- mostly Mexican-American or Mexican origin. THIS IS CRIMINAL and our GOVERNMENT IS LETTING IT HAPPEN DESPITE EVIDENCE THAT COULD HAVE STOPPED IT. The big question is.... why haven't they stopped it?).
...and now that the environmental liabilities from the secret toxic-waste incinerator in El Paso TX have been swept under the proverbial rug, Copper is suddenly King Again.
"Google News Alert for: asarco
| Grupo Mexico predicts growth in copper and other metals, reversing ... |
With the re-acquisition of US copper miner Asarco, Grupo Mexico claims it is now the world's top company in terms of copper reserves. ..."