Glencore drives drawdown of Russian copper sanctioned by UK
The LME has reported the biggest drawdown of Russian copper from its network of warehouses since it started reporting the data in 2023.
Latest Stories
Swedish green steel maker mulls IPO to finance expansion plans
Stegra AB is building the world’s biggest green steel plant in northern Sweden.
Risk of aluminum squeeze grows as key price spread tightens
Recent order-book data from the LME has consistently showed a large volume offered at flat.
Nevada copper project draws $896 million US financing interest
The deposit is Pathfinder Tonopah’s sole mining project, a former mine where previous owners extracted molybdenum in the 1980s and 1990s.
Copper output from Codelco climbs 21% in April
Meanwhile, production at BHP's Escondida mine, the world's largest, leaped some 31%.
Zimbabwe to ban export of lithium concentrates from 2027
Africa's top producer banned the export of lithium ore in 2022 and has been pushing miners to process more domestically.
Column: US aluminum tariffs threaten scrap clash with European Union
Donald Trump's move to double tariffs on aluminum imports heightens the risk of a full-blown scrap war with the European Union.
US Interior publicly backs rare earth mine next to Mountain Pass
Secretary of the Interior Doug Burgum said reviving the Colosseum project is pivotal to bolstering America's critical minerals supply chain.
Karelian clears key hurdle for EU’s first diamond mine
The Lahtojoki deposit is said to host high-quality gem diamonds, including rare pink and other coloured stones.