June 23, 2022

LME appoints consultancy to review chaotic nickel suspension

The exchange suspended nickel trading on March 8 after prices spiked by more than 50% to hit $100,000 a tonne.

June 22, 2022

Energy now viewed as the next fault line for global markets

This year’s standout inflation trade of backing commodities is coming under pressure on concern a recession will curb demand for raw materials.

June 22, 2022

Chinese battery giant CATL prices $6.7 billion share sale

It sold 109.76 million shares at 410 yuan apiece in an A-share private placement, it said in a statement Wednesday.

June 22, 2022

Inflation hits Canadian metals, mining stocks, erasing 2022 gains

The S&P/TSX Composite Materials Index is now negative for the year after peaking in mid-April.

June 22, 2022

Umicore plan to double down on battery business knocks almost $1bn off market cap

The Belgian company presented a 5 billion euro plan to bulk up its battery materials business by 2026.

June 22, 2022

De Beers sale shows stronger US and Chinese demand

De Beers sold $650m of diamonds, slightly up from $604m at the previous sale this year, but higher than the $477m this time in 2021.

June 22, 2022

Iron ore price lowest since December on worries of oversupply of steel in China

Renewed covid restrictions dampening overall domestic demand.

June 22, 2022

Copper price falls to lowest since March 2021 as recession fears rattle the market

Mining stocks also slid, with BHP Group down almost 10% from the previous week, Glencore down 8%, and Freeport-McMoRan down 16%.

June 22, 2022

Global nickel market deficit falls in April to 200 tonnes

During the first four months of the year, the global market was in a deficit of 8,100 tonnes.

June 21, 2022

Column: Global aluminum production pendulum swings back to China

China produced a record 3.42 million tonnes of primary aluminium in May as the country's smelters continue to ramp up run-rates.