September 29, 2022

LME mulling consultation on banning Russian metal

Reuters sources say the exchange was planning to discuss banning new deliveries of Russian metal so its warehouses cannot be used to offload hard-to-sell stock.

September 29, 2022

Niobium could be key to supercapacitators

New research from Umeå University proposes the idea of using niobium molecules as building blocks to design electrochemical energy storage materials.

September 28, 2022

Alrosa discovers 22 new diamond deposits in Zimbabwe

Alrosa will only be allowed to work on two of the diamond deposits, while the rest will be made available to other investors.

September 28, 2022

Researchers push for using metals to treat infections

Two dozen highly active metal compounds containing cobalt, nickel, rhodium, palladium, silver, europium, iridium, platinum, molybdenum and gold can be used to treat fungal infections.

September 27, 2022

Norsk Hydro cuts aluminum output as demand falls

Hydro's Norwegian plants produce just over 1 million tonnes of aluminum annually.

September 27, 2022

Nickel spreads collapse as banks face soaring financing costs

The jump in the dollar and borrowing costs have made it much more expensive for banks to finance London Metal Exchange positions in recent days.

September 27, 2022

Finland plans new tax on mining

Finland has thus far not collected taxes on minerals but the government now proposes introducing a royalty of 0.6% on the taxable value of metallic minerals.

September 26, 2022

Commodities gauge falls to lowest in 8 months on recession fears

The dollar’s relentless surge to repeated records is making commodities priced in the currency more expensive for overseas buyers.

September 26, 2022

Metals pare losses as traders assess recession risks, dollar

“In general the outlook is pretty weak for metals,” said Ryan McKay, a commodity strategist at TD Securities.

September 26, 2022

Transparency International urges EU sanctions on Russian diamonds, Alrosa

More sanctions on individuals - including those involved in organizing Moscow's ad hoc votes in occupied east Ukraine on joining Russia - are also expected.