February 1, 2023

US detains Chinese aluminum suspected of forced-labor origin

Aluminum, and items made from the metal, now join cotton, tomatoes and polysilicon, in coming under scrutiny over links to forced labor in Xinjiang.

February 1, 2023

Column: Analysts wary of base metals after China recovery rally

Analysts are cautious that China's recovery may not live up to bullish expectations and that prices have got ahead of themselves.

February 1, 2023

Japan buyers agree to pay Q1 aluminum premiums of $85-$86/t, sources say

The figures are lower than the $99 per tonne paid in the October-December quarter and mark a fifth consecutive quarterly decline.

January 30, 2023

Glencore sells Russian aluminum into LME storage, sources say

A build-up of Russian metal is likely to raise concern in the market that benchmark LME prices will weaken.

January 27, 2023

Vedanta profit plummets 41% on soft metal prices

Prices of zinc, aluminum have fallen from their peaks by over 15% in 2022 from a year earlier.

January 24, 2023

EU metals industry urges aid to rival US green energy package

French President Emmanuel Macron called for an EU package amounting to 2% of its economic output to rival the $370 billion US plan.

January 23, 2023

Column: Power problems rein in global aluminum output growth

Europe's energy crisis has taken a heavy toll on a notoriously power-hungry sector.

January 23, 2023

Potanin says sanctions constrain Nornickel, force it to adjust strategy

Potanin was placed on a US sanctions list as part of wider measures targeting people close to Vladimir Putin.

January 23, 2023

South32 sees shipping delays tying up cash in inventory

In its quarterly report, South32 met coal, aluminum, and copper forecasts and slightly exceeded analyst estimates for manganese ore production.

January 21, 2023

Nornickel management proposes 76% dividend cut

Nornickel has proposed slashing its annual dividend for 2022 to $1.5 billion from the $6.3 billion paid out for 2021.