June 23, 2023

Stillwater Critical Minerals welcomes Glencore as major investor, stock jumps

Glencore would hold a 9.99% equity interest in Stillwater upon completion of a private placement.

June 23, 2023

TIMELINE – LME’s nickel crisis: major developments since trading halt

Exchanges are in an uncomfortable wait for the outcome of a lawsuit by two financial firms against the LME.

June 23, 2023

Palladium price in retreat on EV prospects, growth risks

Palladium could extend this year's near 30% price decline as the rapid rise of electric vehicles threatens to hammer demand for the autocatalyst metal.

June 23, 2023

GRAPHIC: More zinc mine suspensions loom if prices stay below $2,400/t

Weak demand from the construction industry has pushed zinc prices to levels which leave some miners with little or no profit.

June 22, 2023

UK regulator was missing in action at start of nickel crisis, filings show

As nickel prices surged and for hours after a large Chinese bank missed a margin call, the Financial Conduct Authority was largely passive in its interactions with the LME.

June 22, 2023

$1 billion SPAC deal shows how mining supply chains are breaking up

INTERVIEW: Artem Volynets of ACG Electric Metals wants to roll up critical metals industry one mine at a time.

June 22, 2023

Gold price hits three-month low on Powell’s hawkish cues

Further rate increases are “a pretty good guess” of where the central bank is heading, Powell said on Wednesday.

June 22, 2023

Iron ore leads metals higher on hopes for more China stimulus

After swinging between gains and losses since Monday, iron ore is on course for a modest weekly drop.

June 22, 2023

Polyus board decides against keeping London GDR, ADR listings

Washington last month included Polyus and Polymetal's Russian business on its list of sanctions targets.

June 22, 2023

Serra Verde starts commissioning Brazilian rare earths mine

Pela Ema will be, at startup, the first mine outside Asia to produce four critical magnetic rare earths, essential for making the magnets used in EVs and wind turbines.