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.

January 16, 2023

Goldman sees ‘bullish concoction’ for global commodities

Jeff Currie sees parallels with the record run-up in commodities prices from 2007 to 2008.

January 15, 2023

Goldman raises aluminum forecasts on higher Chinese and European demand

The metal will probably average $3,125 a ton this year in London, analysts said.

January 13, 2023

CHARTS: Mining stocks gain on tech but remain an afterthought for investors

Apple is worth more than the 100 biggest mining companies, three years of global copper production and all the world's seaborne iron ore.

January 13, 2023

Column: Base metals start the new year with depleted inventory

The LME global warehouse network held 654,345 tonnes of metal at the end of December, less than half the tonnage registered at the close of 2021.