China nickel producers look to London exchange in dash for profit Chinese companies likely to apply to the LME include Tsingshan Group, China's largest nickel producer. Reuters | August 3, 2023 | 6:41 am
Metals traders are leaving hedge funds as markets disappoint Despite the personnel moves, there aren’t yet signs of permanent retrenchment among hedge funds in metals. Bloomberg News | August 3, 2023 | 6:31 am
Typhoon’s devastation brings respite to China’s coal market Torrential rains are dousing Chinese coal prices as power consumption drops in flood-hit cities and industrial areas. Bloomberg News | August 3, 2023 | 6:22 am
Iron ore price slump widens as China demand concerns mount Flooding in Hebei from record rainfall added to market worries about local steel production. Reuters | August 3, 2023 | 6:17 am
Global copper smelting ticked higher in July, but China slid Apart from Asia and Oceania, all other regions outside China recorded increasing levels of activity. Reuters | August 3, 2023 | 6:12 am
UK launches £7 million project to harness the power of waves The “Co-design to deliver Scalable Tidal Stream Energy” initiative aims to help the UK reach net zero by 2050. Staff Writer | August 3, 2023 | 6:06 am
Albemarle jumps into global race to reinvent lithium production A successful move into the DLE sector would likely cement Albemarle's dominance in the fast-growing industry. Reuters | August 3, 2023 | 6:00 am
UK start-up ties up with Australian MinRes to cut iron ore emissions Making pellets accounts for about 15% of steel industry emissions. Reuters | August 3, 2023 | 5:56 am
Myanmar tin ban in Wa region may cut China’s smelter output in H2 China sources over half of its import needs in tin concentrate from Myanmar. Reuters | August 3, 2023 | 5:51 am