The final value of the bid was a discount of approximately 29% to the value of Elemental’s shares.

The US Court of Appeals for the Ninth Circuit has declined to overturn a 2019 decision that blocked Hudbay Minerals' Rosemont copper project in Arizona.

Definitive feasibility study for La India, which will provide a base for finance discussions, will come in the third quarter of the year.

"Demand hopes have given way to demand concerns," said Commerzbank analyst Daniel Briesemann.

"We are in uncharted territory here," says CEO.

Shanghai said half the city had achieved “zero-COVID” status, but uncompromising restrictions had to remain in place under a national policy.