Smallest Turkish gold imports since 2022 improve current account Net bullion imports, which peaked at nearly $5 billion a year ago, declined for a fifth month to reach $936 million in January. Bloomberg News | March 13, 2024 | 9:54 am
Copper price soars to 7-month high on China’s plans to cut output China's biggest copper smelters have agreed to a symbolic cut in loss-making production, without specifying volumes and timing. Staff Writer | March 13, 2024 | 9:29 am
Aclara stock surges on major investment from Chilean conglomerate CAP CAP is investing up to $80 million to support the development of the company's Penco module in Chile. Staff Writer | March 13, 2024 | 8:49 am
China’s copper smelters vow capacity controls after fees plunge Executives from 19 smelters have agreed to re-arrange maintenance work, reduce runs and delay the startup of new projects. Bloomberg News | March 13, 2024 | 8:47 am
China’s top copper smelters agree on rare joint production cuts Copper price on the Shanghai Futures Exchange hit a 22-month high following the news. Reuters | March 13, 2024 | 8:00 am
Amid nickel glut, Indonesia’s next president vows to keep ‘downstreaming’ policy The policy drew investments of billions of dollars from smelting firms, most of them Chinese, and boosted Indonesia's exports. Reuters | March 13, 2024 | 7:48 am
Wyloo says industry will turn from LME without green nickel The LME said that low carbon nickel could already be traded on its partner MetalsHub's system. Reuters | March 13, 2024 | 7:42 am
Marubeni to invest in Hudbay’s exploration activities The agreement would allow Hudbay to explore Flin Flon land package to potentially bring another mine into production. Reuters | March 13, 2024 | 7:36 am
UK university training centre aims to fuse AI into metals industry New £18 million Centre for Doctoral Training in Digital Transformation of Metals Industry has been funded by the Engineering and Physical Sciences Research Council. Staff Writer | March 13, 2024 | 6:46 am