The Swedish miner will gradually ramp up operations at Tara mine in Ireland with the goal of reaching full capacity by January 2025.

Development could spark a bidding war for the 107-year old mining company.

Zinc is being buoyed by the broader flow of investment money into the base metals sector.

The Russian finance ministry said last month that Russia will regularly buy diamonds from the sanctions-hit producer through a state fund.

Savannah said that 93% of the resources of the Barroso lithium project in Portugal are now in the “indicated” category.

The proposal aims to align aluminum market with the requirement of Europe's Carbon-Border Adjustment Mechanism which applies a carbon-related cost to certain imported products.

The US, UK, Germany, France, Canada, Japan and Italy agreed on the date after talks on Monday held under Italy’s presidency.

The Budel smelter, with a capacity to produce 315,000 metric tons per year, was suspended in the second half of January.