Bribery case snares man who held Trafigura’s secrets and purse stringsFor years, one of the most powerful people in commodity trading has been a quietly accountant who is barely known outside his own company.Bloomberg News | December 8, 2023 | 6:56 am
Aluminum group calls for EU to go much further on Russian bansIn the first nine months of 2023, the EU imported…Reuters | December 8, 2023 | 6:19 am
Geopolitics, central banks to provide support for gold in 2024 — reportThe WGC sees heightened geopolitical tensions plus continued central bank…Staff Writer | December 7, 2023 | 12:01 pm
Anglo American preps sweeping cost cuts as price rout bites A rapid and precipitous plunge in palladium and rhodium has already forced other South African producers to cut jobs. Reuters | December 7, 2023 | 8:43 am
Russian uranium import ban teed up for US House floor vote Russia supplied almost a quarter of the enriched uranium used to fuel America's fleet of over 90 commercial reactors last year. Bloomberg News | December 7, 2023 | 7:06 am
China’s CMOC says geopolitics helped drive Australia sale CMOC agreed earlier this week to sell its 80% stake in the Northparkes copper and gold mine to Evolution Mining. Bloomberg News | December 7, 2023 | 7:00 am
China November copper imports rise to highest in almost two years The Yangshan copper premium, an indicator of import demand, rose to a one-year high. Reuters | December 7, 2023 | 6:55 am
Brazil says talks on compensations over Vale-BHP dam burst are halted There is still no date for the negotiations to resume as the companies have refused to submit a new proposal. Reuters | December 6, 2023 | 12:38 pm
Chile targets million-tonne copper boost in tightening market President Gabriel Boric has set a goal of raising Chile’s production by 1.04 million metric tons by 2026. Bloomberg News | December 6, 2023 | 11:09 am
China metals firms see US rules unlikely to upend supply chains Rules for battery components should apply from 2024, while critical minerals will be covered from 2025. Bloomberg News | December 6, 2023 | 10:22 am
Surge in lithium stocks raise hope rout in EV metal almost done Tianqi Lithium and Ganfeng Lithium closed up 6.5% and 7%, respectively, in Hong Kong on Wednesday. Bloomberg News | December 6, 2023 | 9:39 am
State auditors recommend Freeport Indonesia be fined for smelter delays In a December 2018 deal, Freeport and Jakarta agreed that the miner would complete the smelter within five years. Reuters | December 6, 2023 | 9:35 am