June 6, 2022

Traders in China rush to check metal stocks on pledging concerns

Glencore and Trafigura are among traders checking their aluminum inventories after several domestic trading firms claimed last week they were duped into providing loans against artificially inflated stockpiles.

June 6, 2022

‘Fake’ aluminum stocks put perils of China’s commodities funding in spotlight

The opaque world of funding commodities trading in China is again under the spotlight.

June 6, 2022

Rusal files suit against Rio Tinto over alumina refinery

The lawsuit challenges Australia's response to Russia's invasion of Ukraine, which included wide-ranging sanctions against Russian firms.

June 6, 2022

Ma’aden to use steam from massive solar facility to produce alumina

The Saudi Arabian Mining Company and GlassPoint joined forces to develop the world’s largest solar process heat plant.

June 2, 2022

BofA identifies the prime causes of violent metal short squeezes

LME inventories and non-commercial futures positioning are the primary drivers of metals short squeezes.

June 2, 2022

Chinese warehouses check metal inventories as traders cry foul

Regular operations in at least three Chinese warehouses have been suspended to check on-site metal inventories.

June 1, 2022

Chinese traders find aluminum stocks they financed may not exist

At least three companies lent a total of more than 500 million yuan ($75 million) against stockpiles of the metal stored in a warehouse in the southern province of Guangdong…

May 30, 2022

Commodities turn higher as China loosens its virus restrictions

Industrial commodities in China mostly rose as the number of covid-19 cases fell and the government began to loosen the restrictions.

May 30, 2022

Shrinking stocks likely mean more LME metal price volatility

Overall stocks in LME warehouses have fallen below 900,000 tonnes from levels above two million tonnes in January 2021.

May 29, 2022

Demand for green metals from recycling expected to grow – report

A report by White & Case states that global demand for scrap metal is expected to remain strong over the coming years.