Column: Scarcity changes the LME warehousing game
Scarcity in the physical supply chain has drained metal away from the exchange, hitting rental revenue for storage suppliers, writes Andy Home.
Latest Stories
Petrobras puts potash mining rights up for sale
Interest in potash mines in Brazil is growing as the Ukraine war has highlighted the country's dependence on imports of the product.
Indonesia revokes thousands of mining permits covering over 3 million hectares
More than 2,000 mining permits for various minerals have been revoked.
Production costs soar at Rusal due to Russia-Ukraine conflict
Company reported a 33% jump in first-half production costs on Friday.
Scientists figure out how to produce extraterrestrial cement
Researchers at the University of Delaware are exploring ways to use materials from the moon or Mars as the basis for extraterrestrial cement, which would be used for buildings, housing, or rocket landing pads.
Glencore cuts off Chinese trader caught up in missing copper scandal
Huludao Ruisheng's storage site in Qinhuangdao is reportedly holding about one-third of the 300,000 tonnes of copper concentrate it should have.
Mining People: American Copper, Battery Metal Royalties, Elevation Gold, Nevada Vanadium
Key moves in the mining sector.
Stanmore Coal pays Mitsui $380m for full control of Queensland coal mines
Stanmore is buying the remaining 20% stake in the metallurgical coal venture BHP Mitsui Coal in Australia.
BHP, Pan Pacific Copper and Norsepower partner to reduce emissions on shipping routes
Aim is to reduce greenhouse gas emissions on routes between BHP’s mines in Chile and PPC’s smelters in Japan.
