The Gunnison project is permitted to produce 125 million lb. of copper cathode a year.

Arriagada also said the company is still looking to develop its Twin Metals project despite the Biden administration's refusal to renew its licenses.

Glencore holds a 10.5% stake in aluminum and hydropower company En+ that in turn is the majority owner of Rusal.

CO2 Lock is expected to operate as a standalone entity from FPX, and will establish ownership interests in prospective mineral tenures.

High shipping costs have posed a "challenge" for Democratic Republic of Congo-focused copper producer.

The rates are up 14.3% from $70 per tonne and seven cents a pound in the first quarter.

Getting to the bottom of who did what, when, and why, could take months or years.