Glencore acts to profit from LME post-sanction rule change
Glencore aims to take thousands of metric tons of Russian aluminum from the LME and return it at a later date to profit from rule changes.
Latest Stories
Saudi Arabia nears $1bn deal for stake in Barrick’s Reko Diq
Through its investment fund Manara Minerals, Saudi Arabia is seeking at least a 25% interest in the Reko Diq copper and gold project.
Chile’s president says Codelco output to grow; touts investment climate
Boric also stressed the need for greater economic distribution of mining industry profits to local communities.
In Serbian village, women fight to escape encroaching mine
Krivelj used to be a lively village surrounded by green hills, then mining began in the 1970s, and pollution has quadrupled since Zijin took over.
NioCorp eyes rare earth magnet recycling
Research will focus on creating a process to convert used neodymium-iron-boron magnets into rare earth oxides for new magnet production.
Tin price rallies, inventories fall after one party takes big position
The LME benchmark tin price is by far the top gainer on the exchange this year.
US states, tribes receive $124.8 million for land reclamation work
The grants are funded, in part, by a fee collected on all coal produced in the United States.
Tesla co-founder JB Straubel has built an EV battery colossus
Last month, Redwood Materials flipped the switch on its first commercial-scale line producing a fine black powder essential to electric vehicle batteries.
Rio Tinto, Saudi Arabia vying for First Quantum mines stake
Japanese trading houses Mitsui and Sumitomo have also been studying the assets, Bloomberg said.
