Nyrstar’s Auby zinc plant on care and maintenance until further notice
High power prices have spurred suspensions and cutbacks by smelters throughout Europe.
Latest Stories
Mongolian PM meets with protesters over millions in missing coal
People have been demonstrating since Sunday in the capital Ulaanbaatar to protest reports that 385,000 tons of coal were missing from stockpiles at the border with China.
Glencore asks Russian court to halt Sberbank’s 117m euro claim, move hearings to Singapore
Russia's largest lender is seeking to recover debt and penalties from Glencore Energy UK Ltd over two agreements.
China reveals gold buying after quarter of mystery purchases
China reported an increase in its gold reserves for the first time in more than three years.
Russian coal exports come roaring back after EU loosens curbs
Europe is still not allowed to import Russian coal, but European companies are now allowed to ship the commodity to third countries.
China’s iron ore imports up 4% on month as steel outlook improves
Buyers are stocking up ahead of the end of the year and in anticipation of support from Beijing for the struggling property market.
Red-hot lithium price rally cools as China’s BYD flags surplus
The battery material in China has continued to retreat from the all-time high hit last month as signs of demand weakness weigh on the market.
CMOC pushes back as Congo’s Gecamines demands compensation in cobalt mine dispute
Congo suspects CMOC understated the mine's reserves to reduce the amount of royalties it pays to Gecamines.
Vale to break out base metals business, sell stake in 2023
Vale will separate the base metal assets from its iron ore operations and unveil a strategic partner in the first half of 2023.
