The biggest producers all want to increase copper output to take advantage of rising demand for electric vehicles, grid infrastructure and data centers.

BHP Group is considering making an improved offer for Anglo American after its $39 billion initial proposal was rejected.

Juniors are extremely important to major mining companies because they are the firms finding the deposits that will become the next mines.

The company also edged up its forecasts for this year, predicting output of 949,000 tons.

The state-owned miner said output totaled 295,000 metric tons, down 10% from the same period last year.

The law was passed in November 2023 in response to the protests against First Quantum Minerals' new contract.

Silvercorp said it has the technical capabilities to bring Adventus' El Domo project into production on an accelerated basis.

The deal comes just as Chinese copper processors are struggling to turn a profit on supplies from miners like BHP.