The amount of tonnes of ore extracted from the earth in a day is vast at the world’s largest mines — owned and operated by the majors of the industry.

Evolution considers the 100%-owned Ernest Henry mine a world class operation and a key asset in its portfolio.

Aurubis had previously said it wanted the LME to impose an immediate ban on Russian metal due to risk of warehouses filling up.

The charges, paid by miners to smelters to process ore into refined metal, are the highest since 2017 and 35% higher than the 2022 benchmark.

Three of China's biggest commercial banks have agreed to provide fundraising support to property developers.

China's copper scrap import growth is expected to decline in the fourth quarter due to volatility in exchange rates and price fluctuations.

Surplus will have evaporated by the end of the decade, BHP's Chief Development Officer Johan van Jaarsveld said.