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.

March 17, 2023

Copper price rises as banking crisis woes ease

Investors welcomed news of a large group of banks infusing cash into US lender First Republic Bank.

March 17, 2023

Volkswagen to invest in mines in bid to become global battery supplier

Europe's biggest carmaker wants its battery unit PowerCo to become a global battery supplier.

March 17, 2023

Rusal reports 2022 profit slump as aluminum costs soar

Rusal's net profit fell by around 44%.

March 16, 2023

Germany in talks with coal giant to end mining eight years early

Germany wants to phase out coal in 2030. Now it needs to get the companies to help it comply.

March 16, 2023

Lockheed Martin sells deep-sea mining firm to Norway’s Loke

UK Seabed Resources holds a 100% interest in two deep sea mineral licences in the Clarion-Clipperton Zone.

March 16, 2023

EU tags copper and nickel as strategic, but industry wants more

The Critical Raw Materials Act (CRMA) unveiled by the EU adds the two major industrial metals to a list that had previously focused on more niche minerals.

March 16, 2023

Glencore won’t renew Rusal aluminum deal as things stand

Glencore Plc is willing to walk away from a $16 billion deal to buy aluminum from Russia’s No. 1 producer.

March 16, 2023

Glencore CEO says his company is cheapest way to benefit from copper price boom

Larger rivals BHP Group and Rio Tinto Group have already made billion-dollar moves to grow in copper in the past year.