The US bank is expanding its footprint in metals after it agreed a similar zinc deal in August.

Torex said it will invest somewhere between $390 million and $440 million in Media Luna in 2023.

Copper miners and smelters are unlikely to settle the annual treatment and refining charges (TC/RCs) for 2024 this week.

This infographic visualizes the 2.8 billion tonnes of metals mined in 2022, including precious metals, industrial metals, and more.

Codelco chairman has said the company is reassessing the costs of upgrades to the life of its mines.

Composed of manganese, nickel, copper, cobalt and other trace minerals, polymetallic nodules hold some of the key ingredients needed to fuel the energy transition.