October 7, 2024

Orano sees progress developing uranium mine in Mongolia

A long-delayed, multi-billion dollar uranium project in Mongolia could start producing the nuclear fuel by 2030.

October 7, 2024

Aluminum market squeeze intensifies amid LME delays and rising costs

The market has also been eyeing a large long position in October contracts held by Trafigura Group.

October 7, 2024

Copper demand for electric vehicles is intact, trader IXM says

EV sales have slowed for reasons including a lack of charging infrastructure and concerns about resale values.

October 7, 2024

Hedge fund Elliott loses appeal against dismissal of LME nickel lawsuit

Judge ruled that the extreme price movement was "a once in a generation event" and that the LME acted lawfully in cancelling the trades.

October 7, 2024

Metals markets eye China reopening for stimulus rally cues

There are still concerns that Beijing will need to act even more to restore China to its status as the growth engine for major commodities.

October 4, 2024

Lithium firms’ shares rise after Rio Tinto buyout rumour

The acquisition talk comes as Rio faces challenges in developing its Jadar lithium project in Serbia.

October 3, 2024

Central banks rein back on gold purchases in August — WGC

The WGC notes that only four central banks added gold (of a tonne or more) to their reserves during the month of August.

October 2, 2024

Visualizing the decline of copper usage in EVs

Copper content in EVs has steadily decreased over the past decade, even as overall copper demand rises due to the increasing adoption of EVs.

October 2, 2024

LME monitors tightness in aluminum market after spike in spread

The premium of LME October aluminum over November hit $18 a tonne on Wednesday from a premium of $5.85 about three weeks ago.

October 1, 2024

Aurubis to shun takeovers, rebuild trust, new CEO says

The company was rocked by a scandal last year when its copper was stolen by an organized crime ring.