February 16, 2022

South32 profit soars on recovery in commodity prices

Underlying earnings for the half-year ended Dec. 31 came in at $1 billion, beating a consensus estimate of $987.5 million.

February 16, 2022

Aluminum price nears 13-year high on tight supply

The metal rose to near the strongest level since 2008 as traders assessed the possible impact of a potential easing of geopolitical tensions over Ukraine.

February 15, 2022

Chart: Bulk commodities most affected by Russia-Ukraine conflict

Woodmac flags growing commodity supply chain inefficiencies as Russia-Ukraine geopolitical tensions simmer.

February 14, 2022

Gold price nears 3-month peak as Ukraine tension lifts haven demand

The latest developments in the Ukraine also lifted other metals like palladium, nickel and aluminum.

February 13, 2022

Giant miners to see record profits slip as cost pressures bite

The top-five western diversified mining companies may see combined 2021 second-half earnings of $73 billion.

February 10, 2022

Aluminum rally spurs billionaire to weigh smelter expansion

Billionaire Kumar Mangalam Birla’s Hindalco Industries is evaluating expanding its aluminum capacity.

February 8, 2022

The commodity gauges that underpin Goldman’s uber-bullish view

There are more commodities futures contracts trading in backwardation than at any point since at least 1997.

February 8, 2022

Aluminum price hits highest since 2008 on LME, closes in on a record

“Aluminum markets are facing a melt-up in prices this year, driven by simultaneous deficits in both China and ex-China drawing on already low stock of inventory,” Goldman analysts say.

February 7, 2022

Americans face record metals prices as shipping costs surge

Supply-chain snags dominated headlines through most of 2021, catapulting commodities prices to the highest in more than a decade.

February 7, 2022

Goldman commodity veteran says he’s never seen a market like it

"We’re out of everything – I don’t care if it’s oil, gas, coal, copper, aluminum, you name it we’re out of it,” says Jeff Currie.