HKEX remains committed to LME – CEO
The metal industry has speculated whether HKEX might sell either the LME or its clearing house, LME Clear, after a chaotic period last year.
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Indonesia’s Jokowi calls on successor to continue commodity downstreaming
A presidential election is due on Feb. 14 and the elected candidate will be sworn into office in October next year.
Citi buys large amounts of zinc for lucrative LME warehouse deal
Much of the zinc going on LME warrant was sold into the system by Trafigura and Glencore.
‘Planting’ rocks in global croplands could turn them into major carbon sinks — study
Up to 217 gigatons of carbon could be sequestered by applying enhanced rock weathering to all agricultural fields in the world.
Chaarat Gold sells Kapan mine in Armenia for $54.5 million
Chaarat will focus now on developing its two Kyrgyz assets, particularly the Tulkubash open pit gold project.
Evolution Energy signs graphite supply deal with China-based BTR
The company will supply about 90% of the product from the project to BTR under the three-year agreement.
Lithium Royalty wins court case against Orion; stock rises
The court found that its January 2021 agreement to buy 85% of Orion's royalty on Thacker Pass was binding and enforceable.
BHP, South32 may face South Africa class action on lung disease
A legal firm is seeking relief for miners who have worked at the operations since 1965 and their descendants.
Esmark CEO says has money in bank account for $7.8 billion US Steel bid
Chief executive James Bouchard said he had $10 billion available and Esmark itself had no debt.
