June 29, 2021

Aluminum premia spike on planned Russian export tax

Russia has proposed introducing an export duty on steel, copper, nickel and aluminium to curb rising inflation.

June 28, 2021

Nornickel sees $500m hit from new export duties – RIA

Russia has introduced temporary new export taxes for steel products, nickel, aluminum and copper.

June 25, 2021

Russia prepares to hit metals firms with $2.3bn in export taxes

Moscow wants to protect its defence and construction industries from further growth in raw materials costs as prices for metals rise at a global level.

June 24, 2021

Russell: China’s first round of copper, zinc, aluminum auctions fails to impress

For now, it’s probably best to view China’s announcement as an opening shot in what may be a longer battle.

June 23, 2021

Abu Dhabi’s Mubadala buys 2.6% of Russia’s En+ Group

En+ Group owns 56.9% in aluminium producer Rusal.

June 23, 2021

Rusal to get $1.4bn from Nornickel share buyback

Nornickel said on Wednesday it is buying 3.4% of its shares for $2 billion to compensate for a smaller recent dividend.

June 23, 2021

Rio Tinto partners with Schneider Electric to meet decarbonisation goals

Schneider Electric will use materials, such as low-carbon aluminum and copper produced by the miner with renewable power, iron ore, and borates.

June 22, 2021

CHARTS: Energy transition metals poised for uneven, explosive run higher

While prices of industrial metals have rocketed as the world moves away from fossil fuels, future price rises are likely to be limited to a select few energy transition ingredients.

June 22, 2021

China to auction first batch of state metal reserves on July 5-6

It would auction 20,000 tonnes of copper, 30,000 tonnes of zinc and 50,000 tonnes of aluminium.

June 22, 2021

Copper price extends recovery despite first Beijing 100,000 tonne metal auction

Copper price up 2% Tuesday despite Chinese plans to publicly auction a total of 100,000 tonnes of non-ferrous metals early next month.