SQM said its third-quarter net earnings fell 56.4%, dragged down by falling lithium prices.

"Fortescue is taking its global pipeline of green hydrogen and green ammonia projects to final investment decision," Fortescue Energy CEO Mark Hutchinson said.

Gold output from Salares Norte in December is expected at about 1,000 ounces.

Deals were signed in areas such as new energy equipment manufacturing, metal material production and financial services.

Glencore has also offered to provide a financing prepayment facility between $70 million and $100 million.

Pierre Lassonde said his consortium's offer was credible and comparable to what Teck's board accepted from Glencore.

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

Ivan Vella, who has spent two decades at the mining giant, was already due to leave the company in December.

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

BMW sources a fifth of its cobalt supplies from Morocco.

Falling TC/RCs are due to expectations of tight concentrate supplies and new processing capacity.

The sanctions package also contains import bans on a number of metals.