The Australian miner said it is encouraged by results from the ongoing campaign at the Queensland project.

Ivanhoe Capital Acquisition Corp. is raising $200 million to invest in industries key to the global energy transition.

High prices by historical standards have encouraged investment into a pipeline of new projects and restarts, which will continue to come online in 2021, Fitch forecasts.

The total volume dispatched to global destinations from Australia and Brazil was 29.7 million tonnes from December 21-27.

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A joint session of the traditional owners of the land and the company boards had been held to reaffirm the miner's apology.

The streaming transaction would involve "a significant up-front payment" to Oyu Tolgoi, as well as deferred payments based on gold "spot" prices.