New report shows growing disconnect between rhetoric on energy transition, which requires exponential growth in copper mining, and the realities of going green.

Vale cited slower regulatory approvals in reducing its 2022 iron ore production outlook.

The offer represented a 10.93% premium over the initial auction price.

The world’s biggest copper supplier saw production fall 9.3% last quarter from a year prior.

It is an unusual situation for companies that have experience operating anywhere in the world.

The miner produced 736,000 tonnes of copper between January and June, a 7.5% fall versus the first half of 2021.

Legal experts have said the case has been unprecedented as it has seen one country's highest courts interpreting the constitution of another.