Traders bet on aluminum price surge as LME weighs Russia ban
Aluminum traders are making bold bets in the options market to position for price spikes later this year
Latest Stories
Chile amends mining royalty bill with flat 1% ad valorem rate
Additional royalties would be assessed at rates fluctuating from 8% to 26% based on miners' operating margin.
World’s biggest uranium miner seeks extra shipping capacity bypassing Russia
Company is seeking to boost the capacity of its alternative shipping route which bypasses Russia to mitigate risks from potential sanctions.
China’s lithium appetite to fuel European production, miner says
Australia's Critical Metals is attempting to cash in on soaring demand for lithium.
Marex to offer clients access to CME base metals contracts
The tie-up comes as CME expands its metals business and the LME faces dissatisfaction from some traders after turmoil in its nickel contract in March.
EarthLabs sells exploration consulting and technology division to Australia’s ALS
The ExplorTech division comprises the EarthLabs' GoldSpot Discoveries consulting group alongside Ridgeline Exploration Services Inc. and Geotic Inc.
Calibre Mining shares fall to a fresh low on expanded US-Nicaragua sanctions
The new US sanctions expand a previously signed Trump-era executive order to include specific potential restrictions on trade and investment involving Nicaragua, with a particular reference to the gold industry.
More near-term pain for copper companies despite strong fundamentals, analysts warn
Base metals prices have eased considerably in 2022, as demand has weakened while the dollar has strengthened.
There’s no cheap way to sidestep China’s energy supply chains
China dominates clean energy supply chains and has enough manufacturing capacity to meet global demand for most of the solar market to 2030.
