December 20, 2023

India urges G7 to delay ban on Russian diamonds as rules lack clarity

Home to 90% of the world's diamond cutting and polishing industry, India is critical to the implementation of the ban.

December 20, 2023

Aurubis CEO says he expects strong copper market to continue in 2024

Aurubis on Wednesday confirmed a sharp 34% fall in annual earnings after a major metal theft.

December 19, 2023

Column: Funds less negative on copper as supply landscape shifts

Money managers are now marginally net long of copper on both the London Metal Exchange (LME) and CME contracts.

December 19, 2023

EU, US extend steel tariff detente until end-March 2025

The US quota system allows up to 3.3 million metric tons of EU steel and 384,000 tons of aluminum into the United States tariff-free.

December 19, 2023

Russia says it will have no trouble skirting latest EU sanctions

The new sanctions package bans the import of Russian-origin non-industrial diamonds.

December 18, 2023

Russia considering waiving export duties for two Rusal smelters

Russia imposed export duties linked to the rouble-dollar exchange rate until the end of 2024 on a wide range of goods.

December 18, 2023

EU sets critical mineral goals, but faces struggle to hit them

The Critical Raw Materials Act, due to enter force in early 2024, says the bloc should mine 10% of its annual needs by 2030.

December 17, 2023

Political costs of phasing out coal may be fewer than expected – study

A recent study found that it is possible to phase out fossil fuels without sacrificing electoral popularity.

December 15, 2023

LME faces fresh worries about Russian metal after UK sanctions

Any move by the US or EU to follow the UK’s sanctions on metals trading would likely force the LME’s hand.

December 15, 2023

New sanctions bar UK entities from trading most Russian metals

Prices of metals produced by Russia surged as panicky traders struggled to understand how widespread the impact of the measures would be.