March 18, 2024

Global commodity trading profits topped $100 billion for second-best year ever

While earnings fell from 2022’s blockbuster records, profits across the sector still easily eclipsed prior highlights such as in 2008-2009.

March 18, 2024

Put sanctions on Russian-origin aluminum, not on Rusal, industry group says

So far, sanctions have not been imposed, but they are still on the agenda in the EU.

March 18, 2024

Boliden to invest $463m at Swedish copper smelter

This will push production of copper cathodes and precious metals up to full capacity in the second half of 2026 at the Ronnskar facility.

March 17, 2024

Industry executives expect the world to reach net zero by 2060 – report

The 2050 deadline seems too close for 600 executives in mining, oil and gas, utilities, chemicals and agribusinesses, according to Bain & Company.

March 16, 2024

Tesla Germany staff to elect new council to gain control over work conditions

The IG Metall union hopes to gain greater influence over pay and working conditions at Tesla's gigafactory near Berlin.

March 15, 2024

How much does the US depend on Russian uranium?

Despite a new uranium ban being discussed in Congress, the US is still heavily dependent on Russian uranium.

March 15, 2024

Glencore’s Nordenham zinc smelter starts ramping up output

The smelter in Germany halted production in 2022 because of surging power prices after Russia invaded Ukraine.

March 15, 2024

Cost advantage of natural hydrogen sparks energy companies’ interest – report

At the end of 2023, 40 companies were searching for natural hydrogen deposits, up from just 10 in 2020, new research shows.

March 15, 2024

Cornish Metals CEO steps down

Ken Armstrong, a non-executive director, will step in as interim CEO.

March 14, 2024

Rusal’s profit slumps on subdued prices despite higher sales

The world's largest aluminum producer outside China reported an 84.3% slump in its annual profit on Friday.