May 23, 2023

Vedanta extends record dividend spree with $830 million payout

Shares of the company rose about 2% at the close in Mumbai on Monday before the dividend was announced.

May 23, 2023

LME aluminum stocks climb by over 20,000t in South Korea

The total inventories in Gwangyang surged by 20,875 tonnes, bringing the total in all global LME storage facilities to 575,875 tonnes.

May 21, 2023

Missing recovery leaves China’s metals bears in charge

The first gathering of the Asian metals community since the pandemic should have been a celebration, but the resurgence never came.

May 21, 2023

Macron says Mongolia to supply critical metals for green push

Macron added that the two countries would cooperate on renewable energies and nuclear.

May 19, 2023

Nickel prices seen falling as global surplus looms

Global nickel prices are poised to decline over the next few years as top producer Indonesia ramps up supplies and production costs fall.

May 18, 2023

Pan Asia Metals enters deal to evaluate lithium conversion facility in Vietnam

The evaluation will consider an initial annual capacity of 20,000 to 25,000 tonnes per annum.

May 18, 2023

Vedanta seeks cash with $500 million bond maturing

The board will consider paying out a first dividend for the current business year at an upcoming meeting.

May 18, 2023

Trafigura tags large LME aluminum volumes for delivery

Aluminum stocks in LME warehouses hit two-month highs in the middle of April.

May 18, 2023

Not enough resources for EVs to be only cleaner car option, Toyota says

Carmaker has lobbied the Japanese government to make clear it supported hybrid vehicles as much as BEVs.

May 15, 2023

Alcoa signs 8-year alumina supply deal with Emirates Global Aluminium

The agreement, which commences in 2024, will allow EGA to procure as much as 15.6 million tonnes of alumina from Western Australia.