September 15, 2024

Alcoa to sell its 25.1% stake in Ma’aden joint venture for $1.1 billion

After completing the transaction, Alcoa would own approximately 2% of Ma’aden’s current shares outstanding.

September 11, 2024

Vedanta Resources raises $900 million via dollar bonds

The proceeds will be used to repay Vedanta's existing bonds and related transaction costs.

September 10, 2024

Net zero needs more metals, but less extraction from the Earth

All the refined metals needed to reach net zero by 2050 will add up to less than the amount of coal mined in 2023 alone, according to Energy Transitions Commission.

September 9, 2024

China plans to include steel, cement and aluminum in its carbon market

Starting from 2026, importers of steel, fertilizer, cement and chemicals will pay levies based on the carbon footprint of the products they buy.

September 6, 2024

China lodges WTO complaint over Canada’s EV and metal tariffs

Canada announced last week it would impose 100% tariffs on Chinese-made EVs effective October 1.

September 6, 2024

Rusal says board recommends not paying H1 dividend

The company decided not to pay a final dividend for 2022 and did not pay for 2023.

September 6, 2024

Citi says US election risk to contain metals prices for now

Uncertainty around the US presidential election in November will prevent meaningful gains for metals, the bank says.

September 4, 2024

Column: West plugs defences as China cranks up aluminum output

China's primary aluminum smelters are producing record amounts of metal and the domestic market surplus is spilling out of the country.

August 29, 2024

LME open-outcry trade lives on as SocGen quit sparks no rush for exits

The future of ring trading on the London Metal Exchange looks assured for now.

August 28, 2024

Rusal’s first-half profit jumps 42% on lower costs

Rusal, which operates in Guinea, Jamaica, Ireland and Sweden apart from Russia, has been under pressure from the fallout of Western sanctions.