April 22, 2024

Potanin’s Interros calls Rusal claims about Nornickel asset sales ‘unfounded’

Rusal has alleged that the sale of some business units led to losses for Nornickel shareholders.

April 22, 2024

Nornickel cuts nickel production by 10% y/y in Q1

The company confirmed its 2024 production forecast, expecting nickel production to fall to 184,00-194,000 tons.

April 20, 2024

Vale Indonesia shareholders approve rights issue plan

The rights issue that will facilitate the acquisition of a stake by Indonesia's state mining holding company MIND ID.

April 19, 2024

African critical minerals output could reach $2 trillion by 2050

Global revenue from mining copper, cobalt, lithium and nickel could reach $16 trillion in current dollar terms over the next quarter century, says IMF.

April 17, 2024

BHP to decide on future of nickel business by August, trims met coal estimates

The world's largest listed miner said iron ore production from mines it operates in Western Australia on a 100% basis was 68.1 million tonnes during the three months ended March…

April 17, 2024

Traders are already gaming the new Russian metal sanctions

The opportunity lies in massive piles of Russian metal already sitting in the LME global warehouse network.

April 16, 2024

Vale’s iron ore output up 6% in first quarter, sales jump

Vale's iron ore output in the first three months of the year totaled 70.84 million metric tons.

April 16, 2024

Aston Minerals ups nickel resource estimate at Boomerang in Ontario

Contained metals are estimated to be 7.4 billion lb. nickel and 297,624 lb. cobalt, representing a 21.6% increase in nickel metal tonnes.

April 16, 2024

Nornickel says new Western sanctions raise risk of metals market disruption

Nornickel intends to remain a "reliable supplier of products" and will continue to fulfil all its contractual obligations, said the company.

April 15, 2024

Metals whipsawed as sanctions on new Russian supplies rattle LME

Aluminum jumped as much as 9.4% as the market opened, the most since the current form of the contract was launched in 1987.