November 16, 2023

Nickel crisis shows LME could learn from China, Minmetals says

The LME has drawn fire from all sides since a massive nickel short squeeze caused prices to quadruple in a few days in March 2022.

November 16, 2023

Citi delivers around $155 million worth of zinc for rent deal

The US bank is expanding its footprint in metals after it agreed a similar zinc deal in August.

November 16, 2023

Split views in copper concentrate balance forecast drag on TC/RCs negotiations

Copper miners and smelters are unlikely to settle the annual treatment and refining charges (TC/RCs) for 2024 this week.

November 16, 2023

Glencore bets on US love of coal with new fossil fuel giant

The company unveiled the first step in the process, with the deal to buy control of Teck.

November 16, 2023

SQM loses $1 billion in market value as lower prices dent profit

SQM said its third-quarter net earnings fell 56.4%, dragged down by falling lithium prices.

November 15, 2023

Billionaire lithium crashers hamper Australian deals, miners say

The country’s lithium industry has seen a frenzy of deals this year.

November 15, 2023

Major Chinese copper trader sees glut weighing on prices in 2024

“We are not very optimistic about copper prices,” said the head of copper trading at Shanghai Wooray Metals.

November 15, 2023

World’s best-performing big IPO is about to get an extra boost

PT Amman Mineral climbed as much as 2.5% to a record high after MSCI announced it will be added to its global standard indexes.

November 15, 2023

Hong Kong ousts Dubai as biggest hub for Russian gold trade

The city has long been a key conduit for bullion entering the Chinese mainland — the world’s biggest consumer market.

November 15, 2023

Iron ore price back above $130 on China stimulus

Beijing plans to provide at least $137 billion in low-cost financing to the nation’s urban village renovation and affordable housing programs.