October 8, 2023

Metal trader misery undercuts supercycle hype as losses pile up

The world’s metal traders are enduring one of their toughest periods in years.

October 4, 2023

Spotlight still on Vedanta $3 billion debt despite spinoff plan

While equity investors gave the demerger plan a thumbs up, Vedanta’s dollar bonds have tumbled.

October 1, 2023

Big Oil, heavy industry discuss emission curbs ahead of COP28

The gathering brought together CEOs from more than 50 companies from the oil and gas sector and the aluminum, steel and cement industries.

September 29, 2023

Vedanta to split business into six listed companies

The metals-to-oil Indian conglomerate seeks to boost growth amid a financial performance decline by parent company Vedanta Group.

September 28, 2023

Chinese and Russian aluminum groups sign deal to deepen ties

The MoU comes ahead of a visit by President Vladimir Putin to China next month.

September 27, 2023

Vedanta preparing to de-merge sprawling operations

Shares in Vedanta Ltd. have fallen by more than a fifth over the past 12 month.

September 25, 2023

Alcoa names new CEO in abrupt change as Harvey exits

William Oplinger, chief operations officer, is the natural successor.

September 21, 2023

Rio Tinto planning more investments in Canada, but rules out bid for Teck

CEO praised Teck as a “mining champion in Canada” that has attracted the interest of other multinational miners but said that Rio is not looking to make a major acquisition…

September 20, 2023

Copper prices may jump 20%, aluminum by 36% as demand outpaces supply: forecast

Global copper and aluminum supply deficits may cause prices to soar within a few years while steel may drop, according to a new report on metals.

September 19, 2023

Several top traders leave Gerald Group in shakeup at metals firm

Gerald was hit by a loss in its tin book earlier this year.