South Africa's High Court ruled that a class action lawsuit against Anglo American brought by victims of alleged historic lead poisoning in Zambia should not go ahead.

The announcement refers to an "eventual alliance" between the two companies.

The NYSE-listed shares reached a 52-week high of $12.73 earlier in the session.

The mining magnate said that forecasts of copper prices reaching $9,000 a metric ton next year isn’t enough to stimulate the industry.

The roadmap for the mine's closure will be presented to the country in the coming days.

Fábio Schvartsman's defense seeks dismissal of criminal action related to the dam collapse that claimed the lives of over 250 people.

Plant aims to capitalize on the Norwegian transmission grid's surplus renewable energy and ship the resulting green ammonia to domestic and European markets.

Rio Tinto invested C$30.5 million for a 7.4% stake last year in the project.