Trafigura’s 2023 net profit hits record $7.4 billion
The Geneva-based private company made the bulk of its profit in the first half of the year.
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Petra Diamonds says the worst is likely over
Petra's 20% increase in like-for-like prices for its latest tender of financial year 2024 supports its view that diamond prices have bottomed.
Marex Group files for US IPO
British commodities broker announced plans on Friday to list its shares in New York.
Aluminum group calls for EU to go much further on Russian bans
In the first nine months of 2023, the EU imported almost 500,000 metric tons of Russian aluminum worth $1.37 billion.
New Abaxx exchange to launch nickel sulphate futures in Q1 2024
A new Singapore-based commodities exchange plans to launch trading in the next few months.
Unstable electrolytes in lithium metal batteries now a bit more stable
Chinese researchers have developed functional micro-arrays for efficient lithium metal anode interfaces.
Saskatchewan post-secondary schools to create new Global Institute for Energy and Mines
GIEMS will also provide training and experiential learning to help build the provincial workforce in the areas of skilled trades, engineers and scientists.
Chile aims to be among world’s top three cobalt producers
The copper producing nation holds significant quantities of cobalt in its mining tailings, which could make it a global powerhouse.
Op-ed: Everyone loses as London’s High Court rules for LME in nickel case
What the Court has just confirmed is that anyone trading on the exchange is no longer standing on solid ground.
