October 13, 2023

Squarepoint follows Citi buying Russian aluminum on the LME

The latest data from the LME showed the share of Russian supplies in total live aluminum inventories on the exchange dropped to 76% in September.

October 13, 2023

Miners see value in EU focus on ESG but face red tape hurdles

Compliance with ESG standards is increasingly important to keep commitments from institutional investors such as pension funds.

October 12, 2023

Mixed fortunes for Russian metal at mid-point of aluminum mating season

Russian metal is experiencing mixed fortunes, with some European industrial companies avoiding it for 2024.

October 10, 2023

Citi’s mega metals trade shows global markets turning to glut

In the last few months, Citi requested delivery of about 100,000 tons of aluminum and 40,000 tons of zinc — worth over $300 million.

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.