Glencore bought aluminum from Rusal worth $1.06bn in 2023
The current contract between the parties expires in 2024.
Latest Stories
Panama completes process of mining concession cancellations
The law was passed in November 2023 in response to the protests against First Quantum Minerals' new contract.
Silvercorp diversifies into South America with $146 million deal for Adventus
Silvercorp said it has the technical capabilities to bring Adventus' El Domo project into production on an accelerated basis.
‘Aussie kryptonite’ helps identify mineral deposits
Plumbian orthoclase is useful as an indicator mineral, which helps geologists locate and assess the presence of certain ore deposits.
China could hinder BHP’s bid to become top copper producer
The deal comes just as Chinese copper processors are struggling to turn a profit on supplies from miners like BHP.
Gold price heads for weekly loss as US inflation concerns sap demand
The precious metal dipped on Friday and is down 2.7% for the week.
London’s mining crown under threat from $39 billion Anglo bid
BHP's attempt to swallow up Anglo American is the latest threat to one of the London market’s most-prized sectors.
Rising copper demand spurs search for alternative climate solutions
CRU, a metals consultant, sees demand increasing about 40% by 2050 even if cleaner technologies aren’t rolled out aggressively.
Copper price hits $10,000/t as BHP bid shows tight supply pipeline
The metal has reclaimed the $10,000 threshold for the first time in two years.
