LME acts to shield aluminum market from huge Mercuria bet
The LME took action after Mercuria’s position in the June contract was consistently far bigger than the aluminum inventories in the exchange’s warehouse system.
Latest Stories
Mosaic cuts 2025 phosphate forecast on plant setbacks, shares drop
Mosaic now expects to produce between 7 million and 7.3 million tonnes of phosphate this year.
Gold price fades on upbeat US jobs report
The decline follows new US data that showed a largely stable labour market for the month of May.
China’s rare earth weapon changes contours of trade war battlefield
Several European auto suppliers shut down production lines this week after running out of supplies.
Equinox-Calibre tie up lifts miner to Canada’s fourth largest
The $1.83 billion all-stock deal, set to close this month, will bring to nine the number of producing mines under Equinox from the current seven.
Gold-mining ETFs losing their shine following torrid 2025 rally
Investors are exiting exchange-traded funds that track the shares of gold-mining companies.
Debswana curbs diamond production as weak demand persists
The global diamond market has experienced a downturn since the second half of 2023.
Trump and Xi agree to more talks as trade disputes brew
The highly anticipated call came in the middle of a dispute over rare earth minerals.
Nickel oversupply to persist on expansion, slower demand growth, industry experts say
Oversupply in the global nickel market is expected to persist over the next few years.
