Aluminum squeeze unravels on LME, easing pressure on sellers
For months, the October aluminum contract has been a focal point for traders due to its steep premium to later-dated futures.
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China iron ore imports lifted by lower prices, demand hopes
China, the world's largest iron ore consumer, brought in 104 million metric tons last month, the highest level since January.
Fire at Freeport Indonesia’s Gresik smelter under control, company says
The $3.7 billion copper smelter was completed in June and was expected to produce first batch of output in September.
China copper imports climb 15% on seasonal demand, brighter outlook
"Buying emerged in the first two weeks when prices were relatively low," He Tianyu, a copper analyst at commodity research house CRU, said.
MBK, Young Poong secure over 5% stake in Korea Zinc
MBK and Young Poong had conducted a tender offer to purchase up to 14.6% of Korea Zinc shares, for an estimated price tag of up to $1.85 billion.
China’s Sept rare earth exports curbed by rising domestic demand, prices
The world's largest producer of rare earths last month shipped 4,181 metric tons of the 17 minerals.
Sibanye-Stillwater faces $522 million compensation claim over scrapped mine deal
The South African miner must compensate Appian for the losses that arose after it did not buy two Brazilian nickel and copper mines.
Value of top 50 mining companies jumps to second highest on record
World’s 50 biggest miners now worth $1.5 trillion, up $76 billion during Q3 as gold miners climb the rankings and Chinese mining stocks get a late boost.
Inside China’s bid to build sway over global metals pricing
China is locking in steps to shape the pricing of the vast quantities of industrial metals it produces and consumes, with moves to attract foreign firms to trade on Shanghai's futures exchange.
