The mining giant is exploring the use of bunker fuels such as liquefied natural gas and biofuels to replace fuel oil, aiming to reduce carbon emissions by 40% when shipping its products.

Philippine President Rodrigo Duterte has lifted a moratorium on new mineral agreements imposed in 2012, reopening the door to investments.

Goldman Sachs sees prices averaging $11,000 per tonne over the next 12 months.

The London-listed company aims to decrease its reliance on coal and steel and attract a broader base of investors by adding more battery metals.

Government has ordered Zijin Mining Group to halt work at a shaft at the RTB Bor copper mine and to complete a wastewater treatment plant after it failed to comply with environmental standards.