August 16, 2023

Investing for the age of scarcity

A perfect storm of tight supply that spans minerals, oil, gas, food and water is approaching.

August 16, 2023

Graphic: Demand headwinds mean no respite in pressure on aluminum prices

Benchmark aluminum on the LME fell to a five-week low on Wednesday.

August 16, 2023

HKEX remains committed to LME – CEO

The metal industry has speculated whether HKEX might sell either the LME or its clearing house, LME Clear, after a chaotic period last year.

August 16, 2023

Citi buys large amounts of zinc for lucrative LME warehouse deal

Much of the zinc going on LME warrant was sold into the system by Trafigura and Glencore.

August 15, 2023

Esmark CEO says has money in bank account for $7.8 billion US Steel bid

Chief executive James Bouchard said he had $10 billion available and Esmark itself had no debt.

August 15, 2023

McEwen eyes copper IPO as soon as November for Argentina project

While McEwen is funded into next year as it drills the Los Azules project, it may go public later in 2023 or early 2024 to bankroll a feasibility study.

August 15, 2023

Column: China’s iron ore imports may hold up despite gloomy economy

The Chinese central bank cut policy rates on Tuesday, the second reduction in three months.

August 15, 2023

Iron ore price climbs as China’s PBOC cuts rates to support recovery

The metal rose after the People’s Bank of China cut the rate on one-year loans by 15 basis points — the most since 2020.

August 15, 2023

Weak demand sends near-term LME aluminum discount to highest since 2008

The LME benchmark three-month aluminum contract dropped to its lowest since July 7.

August 15, 2023

TechMet raises $200m to counter China’s critical minerals control

Fresh equity will be deployed across TechMet’s ten assets, which aim at reducing the west’s dependence on China for critical minerals.