October 9, 2023

Swedish industrialists explore $6 billion green steel project in Canada

H2 Green Steel is in talks with governments in Canada to build a factory in northern Quebec, as the young firm tries to deliver on a promise — steel produced…

October 9, 2023

LME looking at fee structure to address cheaper OTC trading

The LME has said that the market would benefit from more trading migrating to its electronic platform.

October 9, 2023

Copper is top bet for base metals in 2024 at LME seminar

Copper got 53% of votes in an informal poll at the LME Seminar.

October 9, 2023

Codelco 2024 copper premium offer matches 2023’s record $234/t for European customers

Russia was previously a major supplier of copper to the European Union.

October 7, 2023

UK risks losing out to Europe in hydrogen energy race

In 2021, the UK set out a bold ambition to become a ‘global leader in hydrogen’ by 2030 but lack of clarity on subsidies is delaying project approval.

October 7, 2023

LME seeks to move on from nickel crisis as traders return

It’s been 19 months since Matthew Chamberlain responded to a runaway short squeeze by suspending the world’s benchmark nickel market and cancelling $12 billion of trades.

October 6, 2023

Copper Study Group expects big supply surplus in 2024

Production is forecast to exceed usage by 467,000 metric tons in 2024, a significant upward revision from the expected 297,000 metric ton surplus from April.

October 6, 2023

Nickel debacle casts long shadow as industry masses in London

Numbers arriving in London for LME Week return to 2019 levels.

October 5, 2023

US, UK and partners working on 15 critical minerals projects

The Minerals Security Partnership (MSP) formed last year by 14 governments aims to ensure adequate supplies of minerals such as lithium and rare earths to meet zero-carbon goals.

October 5, 2023

Lundin scion leads group raising $500 million for mining fund

Nordic Natural Resources Capital will take “sponsorship” stakes and invest in mining companies at development or construction phases of their projects.