Indonesia export plan to upset Freeport’s mined copper benchmark
To comply with Indonesia's push to process concentrate locally into metal, Freeport is building the Manyar smelter which is due to be completed by May next year.
The EV giant considered acquiring part of Glencore, but negotiations failed on Tesla's concerns about the Swiss miner's coal business, FT.com reported.
Gold Fields CEO Chris Griffith says he “remains confident" and hopes to get the majority of investors on board by the time shareholders vote on the transaction.