Around 1,500 workers based in Port Talbot and Llanwern, Wales, will begin an all-out indefinite strike next month.

Only a tiny part of the Galinée property has been explored for lithium to date, according to Azimut.

The company announced earlier this week that it had reached an agreement with the union representing workers at the copper mine.

The company said the loan is "an important financial de-risking milestone" for delivering the Stage 3 and 4 expansions of the Kainantu gold mine.

The Lobito corridor is seen as a key export route from mines in Congo and Zambia for copper and cobalt.

The auction marked the 10th anniversary of Gemfields’ first sale of rubies from the Montepuez mine in Mozambique.

C.D. Howe Institute warns that long timelines for major project approvals of up to 10 years scare away investors and delay projects.