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Statements

Subject Item
dbr:MIM_Holdings
rdf:type
yago:YagoLegalActorGeo yago:Abstraction100002137 yago:SocialGroup107950920 yago:Institution108053576 yago:WikicatCompaniesBasedInQueensland dbo:Company yago:WikicatCompaniesEstablishedIn1970 yago:Organization108008335 yago:Group100031264 yago:YagoPermanentlyLocatedEntity yago:Company108058098 yago:YagoLegalActor
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MIM Holdings
rdfs:comment
MIM Holdings Limited was an Australian mining company created in 1970 as the parent company of Mount Isa Mines Limited, which operates the Mount Isa mines in north-west Queensland. Based in Brisbane, the capital city of the Australian state of Queensland, MIM Holdings owned and/or operated coal, gold, and base metal mines in Australia and Argentina. It also operated lead and copper smelters in Mount Isa, a copper refinery in Townsville (Queensland), a lead refinery at Northfleet (England), zinc smelters using the Imperial Smelting Process at the National Smelting Company located within Avonmouth Docks (England) and Duisburg (Germany), and a precious metals refinery in Sydney.
dct:subject
dbc:Zinc_companies dbc:Mining_companies_of_Australia dbc:Lead_companies dbc:2003_mergers_and_acquisitions dbc:Gold_mining_companies_of_Australia dbc:Companies_based_in_Queensland dbc:Non-renewable_resource_companies_established_in_1970 dbc:Coal_companies_of_Australia dbc:Metal_companies_of_Australia dbc:Australian_companies_established_in_1970 dbc:Mount_Isa dbc:Australian_companies_disestablished_in_2003 dbc:Zinc_smelters dbc:Non-renewable_resource_companies_disestablished_in_2003
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dbo:abstract
MIM Holdings Limited was an Australian mining company created in 1970 as the parent company of Mount Isa Mines Limited, which operates the Mount Isa mines in north-west Queensland. Based in Brisbane, the capital city of the Australian state of Queensland, MIM Holdings owned and/or operated coal, gold, and base metal mines in Australia and Argentina. It also operated lead and copper smelters in Mount Isa, a copper refinery in Townsville (Queensland), a lead refinery at Northfleet (England), zinc smelters using the Imperial Smelting Process at the National Smelting Company located within Avonmouth Docks (England) and Duisburg (Germany), and a precious metals refinery in Sydney. It also held, at some stages, cross-shareholdings in ASARCO, Cominco and Metallgesellschaft. It sold its interests in Cominco and Metallgesellschaft during the 1993–1994 Australian financial year. MIM Holdings was responsible for several significant technological advances in the mining industry, including the Isa Process tank house technology, developed at its subsidiary Copper Refineries Pty Limited in Townsville, Queensland; the Bottom-blown oxygen converter ("BBOC") developed at its lead refining subsidiary, Britannia Refined Metals, at Northfleet in England; and the ISASMELT top-entry submerged lance smelting process, Jameson Cell flotation technology, and the IsaMill fine grinding technology, all developed at its Mount Isa Mines Limited operations in Mount Isa. MIM Holdings was taken over by Xstrata for a total of US$2.96 billion (A$4.93 billion), including assumed debt, in 2003, and delisted from the Australian Stock Exchange on 30 June 2003. At that time, MIM Holdings was one of the world's biggest coal exporters. On 2 May 2013, Xstrata merged with Glencore to form Glencore Xstrata plc.
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