July 4, 2022

Copper price below $8,000 as slowdown fears mount

"Inventories for metals are shrinking to multi-year lows."

July 4, 2022

Banks step up trade finance in global commodities boom

Commodity trading houses have seen earnings climb as they capitalize on wild swings in prices and arbitrage opportunities.

July 4, 2022

Phoenix Copper launches novel bond linked to copper price

Phoenix is raising cash to revive production at the Empire copper mine in Idaho.

July 4, 2022

Iron ore price tumbles as China’s demand outlook darkens

Chinese mills have idled dozens of blast furnaces as stocks piled up after domestic demand weakened, hit by covid-19 restrictions and bad weather.

July 4, 2022

Guinea halts Simandou iron ore project again

Mines minister said Rio Tinto's subsidiary Simfer and China-backed consortium WCS have shown a "lack of willingness" to work on a partnership.

July 3, 2022

Australia sees commodities boom lifting exports to fresh record

Australia’s minerals exports are set to reach unseen heights for a second year.

July 2, 2022

Commodities hit July storm with Putin and Powell stirring fear

Energy crises and central bank moves to crush inflation present powerful headwinds across markets, underscored by copper’s collapse Friday below $8,000 a ton.

July 1, 2022

EXPLAINER: Nuts and bolts of the LME’s cancelled nickel trades legal case

Hedge fund Elliott Associates and Jane Street Global Trading are suing the London Metal Exchange for up to $500 million after the LME cancelled nickel trades on March 8 when…

July 1, 2022

Iron ore price tumbles as recession fears fuel commodities selloff

"It's not just China where steel output is under pressure," said Warren Patterson, head of commodities strategy at ING.

July 1, 2022

India raises import tax on gold to support rupee

India has raised its basic import duty on gold to 12.5% from 7.5% as the world's second biggest consumer of the precious metal tries to dampen demand and bring down…