The proposals involve buying coal plants in developing economies in Asia and operating them for as long as 15 years before closing the sites ahead of current schedules.
Fitch forecasts Australian bauxite production growth to average 4% y-o-y in 2021, and Guinea's bauxite output to rise from 84.5mnt in 2021 to 133.8mnt in 2030.
The top-five western diversified miners may have earned a combined $85 billion for the first half of the year, according to analyst estimates, more than double the level from a year ago.
Australia's Lynas Rare Earths on Monday reported record fourth-quarter revenue as demand for the metals it mines that are used in electric vehicles, smartphones, and military equipment spurred prices higher.