LME open-outcry trade lives on as SocGen quit sparks no rush for exits
The future of ring trading on the London Metal Exchange looks assured for now.
Latest Stories
Iron ore’s ‘irrational’ rally past $100 triggers warning from Chinese media
Iron ore has jumped by about 10% in 10 days.
Lithium startups bet on high demand in battery-powered future
A new crop of startups are working on novel ways of producing the valuable metal.
Newmont’s Lori Douglas named as one of Paradigm for Parity’s Women on the Rise 2024
Paradigm for Parity recognizes exceptional leadership, commitment to advancing women in the workplace and continued efforts to promote diversity and inclusion.
MinRes won’t undertake more lithium M&A in next year given low prices
The miner said it is highly unlikely to take on further buyouts in the next 12 months.
Rusal’s first-half profit jumps 42% on lower costs
Rusal, which operates in Guinea, Jamaica, Ireland and Sweden apart from Russia, has been under pressure from the fallout of Western sanctions.
Shallow drill results show promise for expanding the San Albino mine in Nicaragua
The ongoing 45,000 metres drill campaign targeted the Intermediate vein at Las Conchitas North, next to the company’s sole operating asset.
South32 hunts for copper as it returns cash to shareholders
Underlying earnings came in at $380 million, compared with $916 million a year ago.
Nippon Steel boosts M&A case with $1.3 billion spend at US mills
The Japanese steelmaker plans to make the investments at the Mon Valley Works and Gary Works.
