October 19, 2023

Indonesian copper-gold company storms ranking of world’s 50 most valuable mining stocks

Amid a wider slump, MINING.COM’s ranking was lit up by newcomer Amman Minerals, which now sits just outside the top 10 after minting at least six new billionaires since its July…

October 18, 2023

Alcoa starts job cuts at alumina refinery in Western Australia

The company said it has “initiated a restructuring program” at the Kwinana alumina refinery located near Perth.

October 18, 2023

‘Green’ battery recycling technique allows for massive recovery of aluminum, lithium

A recently developed method allows for the recovery of 100% of the aluminum and 98% of the lithium from spent electric car batteries.

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.