BHP and Southwire have collaborated for their first transaction involving carbon neutral copper.

The world’s second-largest producer of iron ore continues to weigh up the pros and cons of forming a separate company with its copper and nickel mines in Canada, Brazil and Indonesia.

The Coroccohuayco project would require an investment of $590 million to extract copper and gold.

DRC’s new government plans to make infrastructure improvements and tax changes to lure more companies.

A state agency had suspended its operating license due to an alleged non-compliance with local regulations.

It said part of the problem was the value of the business, which brings in $3.5 billion in revenue a year.