May 25, 2023

From Russia with gold: UAE cashes in as sanctions bite

Records show the Gulf state imported 75.7 tonnes of Russian gold worth $4.3 billion - up from just 1.3 tonnes during 2021.

May 25, 2023

Tin prices rise on Myanmar supply worry

A detailed plan to suspend all mining activities in a region controlled by Myanmar's ethnic Wa militia force from August 1 was released earlier this month.

May 24, 2023

Nornickel now earns nearly half of its revenue in Asia

In the first three months of 2023, Asia accounted for 45% of the company’s revenue.

May 24, 2023

Indonesia to allow exports of five raw minerals despite June ban

Copper, iron ore, lead, zinc and anode mud from copper concentrates will be allowed to leave the country until May next year.

May 24, 2023

A new “age of palladates” may be underway

A recent study shows that palladium is the key ingredient to reaching the “Goldilocks zone" where superconductivity works particularly well.

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.