The planned start of billionaire Gautam Adani’s copper plant in India next year will spur a sharp rise in imports of concentrate.

The proposed financing will see Ivanhoe offer approximately 41.66 million Class A common shares for sale at C$12.00 each.

If the two groups fail to come to an agreement, workers will go on strike beginning on Dec. 19.

About $A111.3 billion of energy and mining deals have been announced in Australia year-to-date, accounting for almost half of all transactions in the country.

The Ozernoye mine had drawn the attention of traders including Trafigura Group and Open Mineral.

The two have created a joint venture to co-develop a hydrogen fuel cell power module for the 930E electric drive mining truck.

Jubilee said it had secured IRH's investment to process an estimated 350 million metric tons of copper waste rock.

This financing package funds the advancement of Warintza through studies and permitting, Solaris said.