February 12, 2023

LG Chem prepares to lock in mineral supplies

The South Korean company is doing “a lot of projects” to ensure it has a stable source of supply.

February 12, 2023

ArcelorMittal warns on steel demand as China seen flatlining

Whether China will recover strongly after lifting tough coronavirus restrictions has been the key question for commodities markets.

February 12, 2023

Freeport Indonesia suspends some work at Grasberg mine after floods

The situation was under control, but the company gave no estimate of when operations would resume.

February 11, 2023

Trafigura’s nickel nemesis was already notorious in metal circles

Indian businessman Prateek Gupta and his companies, against whom Trafigura secured a $625 million freezing order this week, have a checkered history in the trading world.

February 10, 2023

Trafigura tells its banks they aren’t exposed to nickel fraud

Trafigura is briefing lenders that none of its banks have direct exposure to the nickel deals linked to systematic fraud.

February 10, 2023

Gold ETFs register $1.6bn in outflows during January – report

While the gold price witnessed its strongest January in a decade, gold ETF outflows in Europe and Asia dwarfed positive demand in North America.

February 10, 2023

US seeks critical mineral pacts with Japan, UK to curb China

The US is looking to create a “critical minerals buyers club” with allies like the EU and Group of Seven.

February 10, 2023

Vale Indonesia breaks ground on $2.5 billion ferronickel smelter

The Bahodopi project will produce ferronickel with 73,000-80,000 tonnes of nickel content per year, Vale said.

February 10, 2023

Visualizing gold’s return across currencies

While gold posted a small gain in 2022 for investors in the U.S., it posted significant gains against other currencies.

February 9, 2023

World’s largest zinc smelter sees opportunity in US energy bill

Korea Zinc is seeking to diversify into electric vehicle batteries and renewable energy sources.