The miner sees the geopolitical crisis boosting the premium that steelmakers pay for iron ore pellets.

The Colmena mission, which means "beehive" in Spanish, will gather lunar minerals that could be useful in future space mining.

Iron ore miner will not be able to honour contracts following Russian invasion

Miner reported fourth-quarter net profit of $5.4 billion, above analyst forecasts of $4.7 billion.

It now proposes a cap of $2.4 billion in payments for repairs from the deadly dam disaster that happened in 2015.

In its latest assessment of 250 mine sites, the Responsible Mining Foundation found that that commitments are commonplace, yet basic actions are rarely evident.

Creditors are expected to vote on the latest proposals to restructure some $5-billion in financial debt.