The world's largest producer of rare earths outside of China said its quarterly revenue fell to A$237.1 million.

As it wraps up an exploration program this year at the Maricunga salt flat, Codelco has been contacted by several companies, chairman Maximo Pacheco said.

Demand for copper to build most electronic devices will exceed supply over the next decade and imperil climate targets unless dozens of new mines are built, analysts say.

Roy Harvey said aluminum from Russia now accounts for 53% of the total stockpiles in global LME warehouses.

The London-listed company reported an adjusted core profit of $249.6 million as compared to $382.8 million it reported last year.

Ivan Arriagada said fears of a global recession remain, but he expect a "soft landing" as long as Chinese demand held up.

Mining deals with any Canadian involvement hit $29.5 billion in the first few weeks of the second quarter of this year.

The world's biggest iron ore producer shipped 82.5Mt of the steel-making ingredient from its Pilbara operations.