Alcoa calls on US, allies to sanction ‘cheating’ Russian metal
The comments come a week after Bloomberg News reported that the Biden administration is considering an outright ban of Russian aluminum.
Latest Stories
Rogers launches Technology Centre of Excellence at NORCAT to focus on future of smart mining
Centre will be established at the NORCAT Underground in Sudbury, Ontario to bring test new solutions to increase efficiency and safety in the industry.
Komatsu to unveil Proterra powered electric construction equipment
The first Proterra Powered all-electric excavator will be unveiled next week at the bauma2022 trade fair in Munich.
Mining giants warn Chile mining royalty would impact investment
BHP and Antofagasta said a mining royalty bill in Chile would affect competitiveness and encourage miners to reevaluate investments.
LME Week: spotlight on LME nickel debacle and the fate of Russian metal
Possible sanctions on Russian metal, lawsuits, a battle to recover trust and a slump in nickel trading after the March fiasco are just some of the headwinds facing the LME.
Automakers need more time to meet US minerals requirements for EVs – execs
New restrictions on battery sourcing and critical minerals, along with price caps and income caps, take effect on Jan. 1.
Rio Tinto’s proposed deal for Turquoise Hill endorsed by Glass Lewis
Advisory firm recommended Turquoise Hill shareholders vote for Rio Tinto’s cash offer to acquire 49% of the shares it doesn’t own for C$43 a share.
World steel use to fall in another bleak sign for global economy
Demand for the metal -- which is widely viewed as an economic barometer -- will drop 2.3% in 2022, bucking an April outlook for a small increase.
Iron ore price lowest in 11 months on supply pressures, weakening demand
Iron ore prices dipped on Wednesday after BHP reported higher quarterly output of the steelmaking ingredient, adding to supply-side pressures.
