Alcoa backs Rusal’s call for LME to reveal origin of all metal stocks
Rusal has called for the LME to start regularly disclosing the origin of all metal stocks on warrant rather than singling out Russian metal.
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Copper price drops below $8,000 on new China covid curbs
"Hopes of a rapid reopening in China have been disappointing," said Julius Baer analyst Carsten Menke.
Iron ore price falls on surging covid cases in China
Expectations of rising supplies after India's decision to scrap export taxes on low-grade iron ore also weighed on sentiment.
Trafigura gets $600m from Africa’s TDB for Congo cobalt mines
Funding will enable Trafigura to complete Congo miner Chemaf's new mechanized mine at Mutoshi, processing plant in Kolwezi, and the expansion of its Etoile mine.
Bill Gates-led fund backs Robert Friedland’s pulse technology to reduce carbon emissions at mines
A European fund tied to Gates’ Breakthrough Energy Ventures invested $12 million in the I-ROX pulsed-power venture with Robert Friedland’s I-Pulse Inc.
Global aluminum output rises 3.1% y/y in October
Global aluminum output reached 5.85 million tonnes last month.
EV battery heavyweights revive city’s dream of factory glory
Becancour is drawing corporate giants to the French-speaking Canadian province with its ambitions to make this industrial outpost, halfway between Montreal and Quebec City, a key gear for an EV battery supply chain to serve the continent.
Riley Gold stock soars on $2.6 million Osisko Gold investment
Shares of Riley Gold surged 35.7% by midday Toronto time following the investment announcement.
Goldman Sachs strategists say bear market will last in 2023
The bank strategists estimate the S&P 500 will end 2023 at 4,000 index points -- just 0.9% higher than Friday’s close.
