While European Union sustainability reporting standards will soon come into effect, there is, as of yet, no sector standard for mining.

The company left its 2024 copper output guidance at 730,000-790,000 tons.

The Savannah mine was part of a wider probe last year by Portuguese prosecutors into alleged illegalities in lithium and "green" hydrogen deals.

Activists allege that the LME allowed sales on its platform of copper produced at the Grasberg mine, which they claim is polluting local rivers.

The price of one gram of silver more than doubled in a year but at about 47 Egyptian pounds, it remains far cheaper than gold.

The deal would value the Belgian company, founded in 2020, at $275 million.

Russia has faced a shortage of dollars and euros as it’s increasingly shut out of the western financial system.

The decline was driven by a 16% drop in earnings for the metal recycling segment.