Deal could create a giant capable of competing with the world’s biggest agricultural players.

The Fraser Institute's Annual Survey of Mining Companies places Western Australia second, and the Canadian province of Saskatchewan third.

Their ancestral land overlaps with an area where a Canadian company wants to build a potash mine.

The mine is one of several potential projects which the government hopes will end Brazil's almost complete reliance on imports of the material.

Vladimir Potanin, president and biggest shareholder of Nornickel, was ranked as the second richest in Russia.

World’s top 50 mining companies build on gains in the first quarter of 2023, but remain well below valuations this time last year as M&A fever grips the sector.