November 3, 2022

Alcoa sent three letters to the LME requesting action on Russian metal

Alcoa expressed concerns that large amounts of Russian aluminum flowing into LME-registered warehouses could distort the exchange's aluminum contract.

November 1, 2022

China Hongqiao: Plan to shift aluminum output on track despite Yunnan’s power woes

The government ordered primary aluminum producers to cut their power usage by at least 10% in September.

November 1, 2022

Banks bolster metals-trading desks after wild year for markets

Top banks are reinforcing their metals divisions to cash in on the volatility that’s lifted trading profits over the past three years.

November 1, 2022

Vedanta expects revenue to jump to $50 billion in two years’ time – chairman

Vedanta reported $16.05 billion in revenues in the fiscal year that ended in March.

October 31, 2022

China shows the LME there are still buyers for Russian metal

More than half of the copper in LME warehouses -- much of which was of Russian origin -- has been ordered out for delivery in the past three weeks.

October 31, 2022

Saudi Arabia to auction five new mining exploration licenses in 2023

The government estimates the kingdom's unused mineral resources to be valued at $1.33-trillion.

October 30, 2022

How green material producers, buyers can capture the green premiums

Transforming the metals and mining, building materials, and plastics industries to make them compatible with sustainability targets will require increasing annual spending from $5.7 trillion to $9.2 trillion.

October 30, 2022

Germany’s biggest union starts warning strikes over wage demands

Metals and electronics workers are seeking an 8% wage increase amid soaring inflation. 

October 28, 2022

Citi pumps aluminum into LME warehouse system, sources say

Most of the recent aluminum flowing into LME warehouses is not newly made, and produced in India or the Middle East.

October 28, 2022

Aurubis says metals sector targeted in cyberattack

The company’s shares fell as much as 4.2%.