Las Bambas is Peru's fourth largest copper mine, responsible for about 2% of global supply.

With coal prices soaring, Glencore will get a "fat cheque" from revenues when the deal closes in 2022.

The company also reported a 28.9% increase in revenue year over year, to $3.65 billion.

Producers of coal, gold, nickel, emeralds, copper and industrial minerals in the country will adopt a set of indicators to measure and publicly report on the quality of its management systems.

Sigma Lithium is advancing among the largest hard-rock lithium deposits in the Americas at its Grota do Cirilo project, applying an environmental, social, and governance (ESG)-centric strategy.

While resource nationalism had been relatively contained geographically speaking in the past, it is spreading across the world, Fitch warns.