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.

August 26, 2024

Canada to hit China with tariffs on electric vehicles, steel

The government announced a 100% levy on electric cars and 25% on steel and aluminum.

August 23, 2024

Traders stuck in LME queue vent fury at warehouse’s fee hike

The company’s warehouses at Port Klang in Malaysia have become the focal point for the aluminum market, holding more than three quarters of LME stocks.

August 22, 2024

Rio Tinto, Teck take steps to minimize Canada rail shutdown impact

Labor dispute at Canada's two biggest rail networks will affect its ability to receive raw materials at several sites.

August 21, 2024

Wild first half for metals drives big jump in LME earnings

HKEX said core earnings from its commodities unit jumped by 82% from a year earlier.

August 20, 2024

Arab Gulf States double down mining efforts

The Arab Gulf states, particularly Saudi Arabia and the UAE, are intensifying their focus on the mining sector to secure their economic futures.