Ross: Rio Tinto spent $400M over 10 years seeking Arizona copper mine permits
Wilbur Ross · A Conversation with Wall Street Legend & U.S. Commerce Secretary Wilbur Ross · Joe Lonsdale · Aug 30, 2024 · at 20:43
Former U.S. Commerce Secretary Wilbur Ross discusses federal permitting delays and regulatory burdens impacting major domestic resource extraction projects.
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“Spent 10 years trying to get the permitting necessary for a huge open-pit copper mine in Arizona. It would have been the world's largest copper mine. They had spent four hundred million dollars and still didn't have the permits that they needed.”
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