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.
Latest Stories
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.
Iron ore price slump widens as China demand concerns mount
Flooding in Hebei from record rainfall added to market worries about local steel production.
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.
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.
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.
UK start-up ties up with Australian MinRes to cut iron ore emissions
Making pellets accounts for about 15% of steel industry emissions.
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.
Canadian deep-sea miner TMC to seek licence in 2024
The Metals Company is ready to apply for a mining licence next year, with production expected as early as the fourth quarter of 2025.
