Apple is worth more than the 100 biggest mining companies, three years of global copper production and all the world's seaborne iron ore.

The discovery by Swedish state-owned miner LKAB could help the continent break away from China’s dominance in the sector.

The companies have formed a 50/50 joint venture to explore for metals considered key for the global energy transition.

Commodity prices are always volatile, but in 2022 metal and mining markets reached new levels of turbulence, as the pandemic played out in China and the Ukraine war upended global energy.