Home: US metals buyers pay the price of broken supply chains

The IPO is valued CBA at 6.7 billion reais ($1.3 billion).

Country is considering longer-term measures to grab a bigger slice of mining companies’ profits once a temporary export tax finishes at the end of this year.

Glencore will provide a loan to acquire most of the outstanding debt of the Dunkirk smelter and the Duffel factory.

Moscow is proposing a 15% export tax on aluminum exports or a minimum of $254 a tonne between August and December.

The first round of China’s much-anticipated state metal reserves auctions needed only one of two days allotted for all the copper and aluminum on offer to be sold.

China is releasing metal from state stockpiles as part of its campaign to restrain prices after factory inflation in May hit its highest level in 13 years.

Indian Oil Corp., the nation’s largest oil refiner, has teamed up with startup Phinergy Ltd. to develop the Israeli company’s aluminum-air battery.

The Elysis technology has the potential to reduce GHG emissions by 7 million tonnes.

Payments to governments in 2020 were lower due to pandemic disruption.