LME raises initial margins on nickel by 28% after volatility
A notice released on Wednesday said the initial margin for nickel would climb to $6,100 a tonne effective after close of business on Friday.
Latest Stories
How the 2022 World Cup rebuilt a market for dodgy carbon credits
Between the emissions generated by the new construction plus air travel to transport players and fans, the 2022 tournament is shaping up to be the most carbon-intensive on record.
UEC expands licensed capacity at Hobson plant; nears initial production in Texas
The amended licence increases Hobson's licensed production capacity by four-fold to 4 million pounds annually, distinguishing it as the largest uranium plant in Texas.
Lundin Mining to fill in giant mystery Chile sinkhole
The huge 36-meter-diameter sinkhole opened up in late July in the Tierra Amarilla commune.
South Africa’s PIC won’t sell stake key to platinum takeover battle
South Africa’s Public Investment Corp. said it’s decided against selling its shares in Royal Bafokeng Platinum Ltd.
Volkswagen delays key EV project as Tesla challenge stumbles
Volkswagen AG’s ambitious push to supplant Tesla Inc. as the global electric-vehicle leader is running into trouble.
Rusal calls for LME to disclose origin of all metal stocks
The LME said last week it will not ban Russian metal from being traded and stored in its system.
Mining operations at MMG’s Las Bambas mine in Peru down to 30% due to blockade
The blockades started in late October and have slowly reduced mining activities due to a lack to of supplies.
Sumitomo Metal aims to boost battery materials output
Company aims to increase its capacity to produce cathode battery materials and to broaden its range of products to meet rising demand from the EV sector.
