Vedanta profit plummets 41% on soft metal prices

The unrest also jeopardizes the rollout of $53.7 billion in possible investments at a time when the world needs to accelerate decarbonization.

LME copper has gained 11% so far this month, on track for its biggest monthly rise since April 2022.

The Nordic country, a major oil and gas exporter, is considering whether to open its offshore areas to deep-sea mining.

KSM project is the biggest new mine proposal in resource-rich BC, where there are currently eight new mines or mine expansions in the queue worth a total investment of $4.9 billion.

Interior Secretary Deb Haaland signed an order on Thursday withdrawing 225,504 acres in the Superior National Forest from leasing.

The new inferred resource estimate raised tonnage by 62% compared with figures from 2021.

The miner spearheaded the first pilot passport leveraging the ReSource platform in collaboration with its Kamoto Copper subsidiary LG Energy Solution and Tesla.

The two partners have only just ended a long-running tussle over the underground expansion of the mine.

Likely output of the red metal will peak at some 7.14 million tonnes in 2030, two years later than anticipated.