Rio Tinto reviewing Rusal ties, mum on Queensland venture

“The company is not up for sale and this was unsolicited,” Sherry Duhe said in an interview with Bloomberg.

This announcement follows previous engagements with Ericsson and Telstra to trial private 4G LTE at the Lihir mine and more recently for surface operations at Cadia.

"The demand is bad but the outlook is good."

Zinc's early-year rally has quickly fizzled out as the market prices in a looming supply surge.

The low-carbon-aluminum deal comes as Japan targets zero net carbon emissions by 2050.

The miner is expected to make an announcement on the spinoff as early as next week.

Trafigura found that some cargoes it had bought didn't contain the nickel they were supposed to, and spent two months uncovering the scheme.

Company is also considering mergers and acquisitions in rare earth and lithium-ion battery recycling.

A third employee was rescued with minor injuries.