Since Monday, protests against the contract have led to clashes between protesters and the police and the closure of major roads.

The US suspended import tariffs of 25% on EU steel and 10% on EU aluminum for two years from January 2022.

The miner launched a multi-billion dollar project aimed at reducing sulphur dioxide emissions by 45% in Norilsk.

A court ruling in July found that former CEO Benjamin Mossman was “actively or passively involved” in the Yellow Giant mine exceeding permitted amounts of zinc on multiple occasions.

Revenue for the major global copper producer during the July-to-September period rose 17%.

Once submitted, the revised application will tack on around 12 months to the overall regulatory process.

The direct cost reached 198.8 cents per pound, a year-on-year increase of 39.6 cents, the report found.

The Quebrada Blanca 2 project would now cost between $8.6 billion and $8.8 billion, compared with an earlier estimate of $8 billion to $8.2 billion.