The two assets produce together about 38,000 tons of nickel per year.

There are growing tensions between Prime Minister Albanese’s center-left government and the mining sector on various policies.

Sources expect a final agreement to be reached in October.

United States Steel Corp. faces the prospect of being broken apart and sold in parts if Nippon Steel Corp.’s $14.1 billion takeover fails.

The company decided not to pay a final dividend for 2022 and did not pay for 2023.

Codelco's 10% stake in Teck's Quebrada Blanca copper mine is up against BHP's ambitious Australian expansion plans.

The deal will contribute 25,000 to 30,000 tonnes of copper to Codelco's annual output.

Harmony acquired the Eva Copper project in Queensland in 2022 to diversify away from gold.