October 24, 2022

Brokers balk as nickel tycoon seeks to add to LME short position

Tsingshan is talking to brokers about starting to increase its position on the London Metal Exchange as a hedge for its own nickel output.

October 24, 2022

Rusal files London lawsuit against Potanin over Nornickel pact

Rusal filed a lawsuit alleging that Vladimir Potanin, CEO of Nornickel, is in breach of a decade-old deal.

October 24, 2022

LME adds artisanal mining to green register, sets 2040 net-zero goal

LMEpassport will now also include standards regarding artisanal mining.

October 24, 2022

France’s Imerys wants to become leading lithium producer in Europe

Company said results of surveys carried out at its Beauvoir mine allow it to produce 34,000 tonnes of lithium hydroxide for at least 25 years.

October 21, 2022

De Beers to offer sweeter terms as diamond market shows strain

De Beers has told customers in a memo that it would be doubling the size of its so-called buyback process.

October 21, 2022

Rio Tinto seeks pitches from bankers for lithium deals in battery metal foray

Rio Tinto is the only one of the world’s biggest diversified miners looking to start mining lithium.

October 21, 2022

Aurubis tests ammonia for low-carbon copper product output

Use of ammonia can reduce the amount of natural gas required for the production of copper wire rod by up to 20%, Aurubis said.

October 21, 2022

LME Week: cocktails, canapés and crises

Trading volumes have been sliding sharply since the nickel blow-out in March and there's lingering uncertainty as to the future of the exchange's iconic open outcry trading ring, writes Andy…

October 21, 2022

Copper faces long-term shortage as demand outruns supply

BHP CEO Mike Henry said the market will be in “a little bit oversupply” in the next few years, before tightening up toward the end of the decade.

October 21, 2022

Rio Tinto board needs mining skills, geographical diversity – chairman

The seven independent directors on the board of the mining giant have mostly experience in finance, capital markets, law, and oil and gas.