The deal will give Concord access to an additional 600,000 tonnes of alumina per year on top of the 1.4 million tonnes it already handles, which would make it one of the world’s leading traders of alumina.

The project is on schedule for commissioning in the fourth quarter of 2022.

Quebreda Blanca Phase 2 project in Chile, currently under construction, will double Teck's consolidated copper production when it starts in 2022.

The Cindy target offers potential to add to the company's leachable resource base and extend mine life.

Overall, what emerges from the June trade data is that China’s demand for commodities is still solid.

Supercycle bulls will argue that this is just a temporary soft spot before green infrastructure stimulus starts building momentum in Europe and the United States.

A strong price environment had seen miners look at the economics of reopening mothballed operations, one consultancy says.

Demand for greener energy has put companies with uranium and base metal projects under the spotlight.