(AMM) CAW seeks probe of Xstrata plan to shut its Kidd facility

New York 08 February 2010 18:18

The Canadian Auto Workers (CAW) union has requested that the federal and provincial governments investigate Xstrata Plc's rationale behind the planned May 1 closure of the Kidd Metallurgical Site in Timmins, Ontario.

The general environment for commodities is improving, so closing the copper and zinc plant, which Xstrata acquired from Falconbridge Ltd. in 2006, is "wholly unnecessary," a CAW official said.

In December, Xstrata said it would write down the value of its...

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(AMM) CAW seeks probe of Xstrata plan to shut its Kidd facility

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