Codelco and SQM agreed to start talks with a council of representatives from 18 indigenous communities in December in efforts to reach an agreement to form a new state-controlled public-private partnership.

The company also did not rule out the possibility of acquisitions, as long as they are in the Americas.

After seizing power in a coup in 2021 and forming an alliance with Russian troops, the Mali junta has been focusing on the mining industry.

It is a second lawsuit Sberbank has filed in Russia against Glencore over unpaid fuel supplies.

The amount of metals required for each kilowatt of generation capacity has risen by 50% since 2010, according to the IEA.

Proceeds from the offering, as OceanaGold had disclosed, will be applied towards debt repayment.

Codelco, Chile's top copper producer, has entered the lithium business mandated by the country's national lithium strategy, unveiled in 2023.

Investors include global private credit funds, Bloomberg sources say.