January 15, 2024

De Beers cuts diamond prices to revive sales

The world’s top producer made one of the steepest cuts to its diamond prices in years.

January 15, 2024

LME CEO aims to have first contracts with Shanghai futures exchange in 2024

The specific contacts to be launched with ShFE were still under discussion.

January 15, 2024

Massive green ammonia production key to decarbonizing shipping industry – study

New research shows that green ammonia could be used to fulfill the fuel demands of over 60% of global shipping.

January 14, 2024

France, ArcelorMittal agree on $2bn investment to cut French plant emissions

The $2 billion will finance electric furnaces and a direct reduction plant at Dunkirk.

January 14, 2024

Sodium-ion batteries prove to be resource-efficient

Sodium-ion batteries have an equivalent climate impact as their lithium-ion counterparts – but there isn’t a risk of running out of raw materials. 

January 12, 2024

Norway just raised the stakes over deep sea mining

The Jan. 9 determination makes Norway the first country to formally authorize seabed mining activities in its waters.

January 11, 2024

Higher investment risk appetite boosts activity at LME by 11% in 2023

Lead got a boost from index trading after it was included in the Bloomberg Commodity Index for the first time last year.

January 11, 2024

Grupo Mexico weighs bid for First Quantum’s Spanish mine

First Quantum initiated a process to sell its Las Cruces mine in southern Spain in December after the sudden closure of the Cobre Panama mine.

January 11, 2024

Ferrexpo reports 33% slump in annual iron ore pellet production

Shares of Ferrexpo were down 3.1% in early trade on Thursday.

January 10, 2024

Share of Russian aluminum in LME warehouses rises to 90% after UK curbs

The rise follows a restriction imposed by Britain on entities and individuals taking physical delivery of Russian-made base metals.