Partner Greatland Gold, which holds 30% of the project, said the update was based on old figures and hailed Havieron’s potential for upside.

The document, which has yet to be approved by Congress, will see First Quantum pay $375 million a year plus a royalty of 12% to 16% of the mine's gross profits.

Australia's Liontown Resources will provide the EV giant with more 100,000 tonnes of lithium spodumene concentrate a year, starting in 2024.

Glencore's backing is part of the battery plant developer’s £200 million Series C fundraising led by Bank of America.

Ancient pieces of garnet, zircon and rutile found on the coast of Oman have given scientists a new understanding of subduction.

The world’s biggest commodity trader expects long-running corruption investigations in the US and the UK to be resolved this year.

The gold miner has reached a deal with an investor seeking changes at the top.