Frequent breakdowns by state-owned utility Eskom's ageing coal-fired plants have led to extensive power cuts.

Prices will have to rise to attract investment from ever more complex locations to meet the urgency of the energy transition, said Duncan Wanblad.

Queensland on Tuesday announced a new critical minerals development strategy to attract investment to the state.

Copper is poised to follow other commodities upended by recent price surges.

The search for a new investor for Mopani is likely to be concluded within the next two months.

Exxon Mobil, Chevron, BP, Shell and TotalEnergies “choose cash over climate.”