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.

September 18, 2023

Glencore took low volumes of Rusal aluminum, contract could go to 2025

Glencore bought only a small portion of a potential 6.9 million metric tons of aluminum it could have bought in 2020 to 2022.

September 15, 2023

Aluminum deal season has started, but no one is buying yet

The annual contracting season for aluminum supplies got off to a slow start at a key industry conference this week.

September 14, 2023

LME to change the way closing prices are determined

The changes will extend the volume-weighted average price methodology to five additional prompt dates for aluminum, copper, zinc, lead and nickel.