March 21, 2023

Trafigura bought some LME ‘nickel’ that was just bags of stones

The amounts of money involved are small, but the issue presents a fresh headache for the company.

March 21, 2023

Column: The return of the London Metal Exchange’s nickel curse

JPMorgan owned the LME nickel contracts that turned out to be backed by bags of stones rather than metal.

March 21, 2023

Glencore set to lose crown as top cobalt miner to China’s CMOC

The Chinese company aims to double production this year, as it brings another massive Congolese mine online.

March 21, 2023

Goldman Sachs expects commodities supercycle

Bank expects the copper price to hit $10,500 in the near term.

March 21, 2023

Copper boosted development of most important trade hub of Late Bronze Age

Copper and a sheltered location turned the Cypriot village of Hala Sultan Tekke into one of the most important trade hubs of the Late Bronze Age.

March 20, 2023

UK to help Kazakh exports bypass Russia, seeks critical minerals

Kazakhstan has refused to support Russia's invasion or recognize its annexation of Ukrainian territories.

March 20, 2023

Coal use seen peaking next year as India, China determine future

Coal power generation increased in each of the past two years in China, India and Europe.

March 20, 2023

Former LME General Counsel joins UK law firm Acuity

Tom Hine will split his time between Acuity and Cambitas.

March 19, 2023

Currency markets wobble after Credit Suisse deal as Fed remains acid test

Traders will watch how the Swiss franc reacts to the flurry of weekend activity that saw rival UBS Group AG agreeing to buy Credit Suisse.

March 17, 2023

LME rocked by new nickel scandal after finding bags of stones

The LME has discovered bags of stones instead of the nickel that underpinned a small handful of its contracts at a warehouse in Rotterdam.