The US Department of the Interior found that as many as 66 communities whose subsistence-style living activities could be affected.

The lithium triangle of South America accounts for more than half of global resources.

The company has nearly tripled its measured and indicated resource at the Cactus porphyry project.

At the base case, the project's after-tax net present value (at 5% discount) is calculated at $212.4 million with an internal rate of return of 22.8%.

The US Chamber of Commerce and BusinessEurope made the call on Monday, before President Biden hosts European Commission chief Ursula von der Leyen.

Risk assets are getting a boost from some less hawkish Federal Reserve commentary, and from moves by China to bolster its sinking stock market.

The 12,800 solar panel power plant will enable Kennecott to reduce its operational emissions by 3,000 tonnes of carbon dioxide equivalent per year.

Last month, the US government approved $150 million of funding for a graphite project in Mozambique.