The deal would give Nippon Steel greater access to the profitable U.S. market and further its long-term financial goals.

Thyssenkrupp's chairman defended a move to sell a stake in the group's steel unit to Czech billionaire Daniel Kretinsky.

The copper-gold mine was suspended on March 27, 2023, due to a tailings overflow at the Guolanggou dam.

The new plan published in March included an intermediate target to reduce emissions by 25% by 2030.

Indonesia banned shipments of all raw minerals from June 2023, but Freeport and Amman were given a year-long dispensation to export their copper concentrate.

The new electricity arrangements include demand response agreements under which NZAS may be requested to reduce electricity consumption by up to a total of 185MW.