After spending over US$3.3 million in exploration and development of the Liberdade copper project, Codelco is facing Vale's claims that it has an older and still valid licence for the property.
The stock surged over 15% in early trade, closing at A$2.40, or 10.6% up, after reports of Chinese-linked companies seeking permission to invest in the iron ore producer.
Researchers from QUT's Australian Centre for Entrepreneurship Research (ACE) investigated more than 1000 joint ventures in the Australian mining industry to uncover why some succeed and others fail.