Ivanhoe to accelerate Phase 3 expansion at Kamoa-Kakula copper mine
Fast-tracking hydropower upgrades in the DRC is also a high-priority opportunity to ensure clean and renewable electricity for all subsequent expansions.
World's largest listed copper miner said Indonesian export ban will force it to slash spending and operate its giant Grasberg operations at 40% capacity.
Shares were up more than 45% on Tuesday mid-morning after it announced that joint venture partner Rio Tinto will start drilling for uranium at the company's asset in Saskatchewan.
State forecaster of Chile, responsible for 28% of global copper output, sees US demand bouncing back helping to create supply shortage this year and next.