Column: LME wanted more lead stocks. It certainly got them
London Metal Exchange stocks of the battery metal jumped by 58% in the space of two days earlier this week.
Posts by Reuters:
China to take measures on UK’s nationalization of British Steel
The foreign ministry also urged Britain to seek a mutually acceptable solution, including arrangements for compensation.
China’s June aluminum imports fall as higher overseas prices curb flow
Imports of unwrought aluminum and aluminum products declined 17.4% in June.
Panama bids for full ownership of strategic oil terminal
The acquisition will give Panama 100% ownership of Petroterminal.
Dangote refinery raises $2.5 billion in private placement
The 650,000-bpd refinery, which started production in 2024, has ramped up output of diesel, jet fuel, naphtha and petrol.
US proposes lease of seabed mining blocks off American Samoa coast
The department's Marine Mineral Administration said it aims to lease two blocks, one of 16.3 million acres and the other 15.1 million acres.
Zimbabwe’s sole lithium salt plant unable to process third-party metal, official says
Lithium miners have pleaded for more time to build processing capacity.
Fortescue’s Super Special Fines iron ore stocks at China ports tumble to four-month low
China's state iron ore buyer notified domestic steel mills earlier that from July 15 they must not take delivery of Super Special Fines held at ports.
Botswana says Anglo picks De Beers buyer, weighs options for “optimal structure”
The consortium's proposal to include Angola and Namibia was welcome, it says.
Cameroon sees mining revenue overtaking oil at $1.75 billion
Mines Minister said planned development of rare earths and other critical minerals could double annual mining sector contributions.
BHP wins higher quarterly iron ore prices, overcoming China’s buying curbs
Annual iron ore production from BHP's Western Australia operations on a 100% basis came in at 291.2 million metric tons.
Britain nationalizes British Steel to protect domestic steelmaking
Britain fully taking over the lossmaking company in an effort to protect the future of steel production in the country.
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