The much-needed funding will allow Cornish Lithium will allow it to progress its Trelavour project to a construction-ready status.

It attributed the results to the acquisition of Copper Mountain, as well as lower copper and zinc prices, higher costs and lower sales.

Teck tops the list of approvals after receiving a rubber stamp on the detailed environmental impact assessment and the confirmation of its surface rights for its Zafranal copper project.

The world's top fertilizer producer is indefinitely pausing plans to boost potash production due to market conditions.

By integrating the Mantoverde and Santo Domingo mines it expects to churn out 200,000t of copper and 6,000t of battery-grade cobalt a year.