Exxon Mobil, Chevron, BP, Shell and TotalEnergies “choose cash over climate.”

Declining stocks have heightened market concern about the availability of copper.

Without it, taxes on US companies with Chilean operations could climb to more than 44%, the business group said.

Friedland, who’s behind the discovery of some of the world’s biggest copper deposits, has long championed the importance of the metal.

Glencore would hold a 9.99% equity interest in Stillwater upon completion of a private placement.

Palladium could extend this year's near 30% price decline as the rapid rise of electric vehicles threatens to hammer demand for the autocatalyst metal.

Company plans to undertake 4,015 metres of reverse circulation drilling across 11 holes this year, targeting resource expansion and exploring new prospects.