Metals from aluminum to zinc are all flashing tight supply right now
From aluminum to zinc, spot prices for base metals on the London Metal Exchange are all soaring above futures.
Latest Stories
Russia to review coal plans, mull carbon tax after Glasgow
The government plans to start discussions with businesses on the outlines of carbon regulations, possibly including a tax.
Zijin Mining to produce copper at Buritica gold mine
China’s No.1 gold producer plans to boost the capacity of its Colombian gold mine to produce copper and zinc.
Extracting rare earths from fertilizer byproduct may soon be a reality
US-based researchers estimate that 200,000 tons of rare earth elements are trapped in unprocessed phosphogypsum waste in Florida alone.
BHP sees need for battery metals more than doubling in 30 years
The world’s no. 1 miner says copper output will need to double and nickel tripled in 30 years to reach decarbonization goals.
Flooding in British Columbia disrupts Teck logistics
Unprecedented rain and flooding has disrupted the supply chain between west coast terminals and its BC-based operations.
Glencore to sell Ernest Henry asset to Evolution for $729 million
Australia's Evolution Mining has agreed to buy Glencore's Ernest Henry Mining copper-gold mine in Queensland, with Glencore taking 100% of the copper output.
Aboriginal groups criticize Australian state’s heritage bill
The bill will focus on reaching an agreement with Aboriginal groups and on obtaining full, prior and informed consent for development of projects.
New Zealand police finds human remains 11 years after mine disaster
The remains of two bodies were identified after specialized cameras were fed into the Pike River coal mine through boreholes, police said in a statement.