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.

January 20, 2023

Global aluminum output rises 6.1% y/y in December

Estimated Chinese production was 3.47 million tonnes in December.

January 19, 2023

Column: Exchanges diversify as base metals trade shrinks in 2022

Volumes have fallen every month year-on-year since the suspension of nickel trading and the decision to cancel trades.

January 18, 2023

Alcoa drops as shipments seen stagnating on shaky demand

The largest US aluminum producer expects to ship between 2.5 million and 2.6 million tonnes this year.

January 18, 2023

Mubadala says Emirates Global Aluminium IPO may happen this year

The Middle East’s biggest producer of aluminum may sell shares to the public as soon as the third quarter of 2023.