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ASARCO. (Panorama: Regional).


ASARCO ASARCO American Smelting and Refining Company , an Arizona-based unit of copper mining company Grupo Mexico Mexico, city, Mexico
Mexico or Mexico City, Span. Ciudad de México (Méjico), city (1990 pop. 8,236,960; 1991 met. area est. 20,899,000), central Mexico, capital and largest city of Mexico.
, was blocked by the U.S. Justice Department from selling a stake in Southern Peru Copper Corp., another holding of Grupo Mexico. The U.S. government says the sale is a strategy to save Asarco from paying a US$60 million cleanup of arsenic arsenic (är`sənĭk), a semimetallic chemical element; symbol As; at. no. 33; at. wt. 74.9216; m.p. 817°C; (at 28 atmospheres pressure); sublimation point 613°C;; sp. gr. (stable form) 5.73; valence −3, 0, +3, or +5.  contamination.
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:US Justice Department blocks sale of its stake in Southern Peru Copper
Author:Dempsey, Mary A.
Publication:Latin Trade
Article Type:Brief Article
Geographic Code:1USA
Date:Nov 1, 2002
Words:55
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