Saudi Arabia to visit Brazil and Chile as seeks to diversify mining
The diversification strategy includes plans to expand into international mining to secure access to minerals including copper, cobalt and nickel, as well as lithium.
BHP’s wage settlement with workers at Escondida seen as likely to ease copper supply fears in the short term but Codelco now faces new labour contract negotiations with some of its biggest mines and may face tough talks if it doesn’t follow the BHP offer.
