Rio Tinto in talks to prevent another strike at Oyu Tolgoi

The Chinese steel mill bought an undisclosed stake from Winning Consortium Simandou, which owns the two northern blocks of the project.

The mining giant sees the potential to expand production capacity to about 500,000 tons of copper by 2028 mainly through improvements to its Salobo and Sossego mines in Brazil.

The UN Human Rights Council alleges that 12 deaths occurred during/resulting from operations by security forces assigned to the North Mara mine in Tanzania.

A court decision halted the mine at the beginning of April.

Many banks, insurers and investors have backpedalled from or abandoned the carbon-belching fossil fuel.

Dinson Iron and Steel Company will produce 600,000 metric tons of carbon steel annually.

The copper producer has appointed Toralf Haag as its new chief executive.

An activist shareholder group said the potential addition of U.S. Steel's 11 blast furnaces to Nippon Steel's operations will almost certainly increase the company's cost of decarbonization.

"Demand growth has not been matched by price growth," Lynas CEO Amanda Lacaze said.