Mike Wainwright, one of the three most powerful executives at Trafigura, will leave at the end of March 2024.

South Africa produced an energy-transition plan last year that estimated it will need 1.5 trillion rand ($82 billion) in investment over the next five years.

Australia is looking to partner with friendly nations to build up its value adding industry.

The Stolberg plant largely supplies European battery producers with lead.

Glencore, which is working with Citigroup, has indicated its deal would be dead if Teck investors approve the split later this month.

The agreement includes studying and trialling the use of iron ore products from its Kumba mines in South Africa and Minas-Rio mine in Brazil.