UN at COP26: “Enough of mining…we are digging our own graves”

The legislation would grant automakers a $7,000 tax credit for an additional 400,000 vehicles after they reach the 200,000 vehicle cap.

Demand for copper is expected to take off by the mid-2020s, but Chile is saddled with mines facing crippling declines in ore grades and a system that allows the bulk of its exploration concessions to sit idle.

Attempts to replace copper in a lithium-ion battery's anode with aluminum have failed so far, which bodes well for major copper miners.

KGHM's foreign assets have struggled with rising costs, falling copper prices, technical problems and higher-than-expected capital spending.

Reconnaissance exploration identified boulders in streams that contain up to 11.9% copper with 166g/t silver.

The miner has found further mineralization at its Cascabel copper-gold project. Cascabel is believed to have the potential to become one of the largest copper-gold assets ever discovered.

Hindustan produces around 40,000 tonnes of copper per years, but the company plans to increase production to around 200,000 tonnes by 2025.

Last year the mine produced 560,000 tonnes of copper, placing it among Chile´s top three producing mines.

The company will retain its dividend policy of paying out at least 35% of underlying net earnings, but will pay out excess funds from the proceeds of sales to shareholders,