October 5, 2022

LME blocks new metal from Russia’s UMMC after UK sanctions

The move is by far the most significant restriction on Russian supplies by the world’s main metals market since the invasion of Ukraine.

October 5, 2022

De Beers rough diamond sales for eighth cycle of the year at $500 million

Sales declined 21.6% from the previous Sight but were flat compared to the same period last year.

October 5, 2022

Banning Russian aluminum would create uncertainty about LME’s role – Rusal

Rusal, the world's largest aluminum producer outside China, is expected to account for 6% of global supplies of the metal this year.

October 5, 2022

Engine parts makers must cross ‘valley of death’ to reach EV era

Auto engine parts makers eyeing the promising electric-vehicle market are dealing with a severe case of delayed gratification.

October 5, 2022

Column: Australia sees longer commodity boost from Russia’s Ukraine war

Australia expects a boost to its commodity export earnings caused by Russia’s invasion of Ukraine to last into 2024.

October 5, 2022

Ukraine opposes Belarus bid to lead conflict diamond organization

Ukraine has accused Russia of trying to push its ally Belarus to the top of an international diamond certification body.

October 5, 2022

Glencore to place Nordenham zinc smelter on care and maintenance

The smelter produces around 165,000 tonnes of zinc and zinc alloys per year, according to its website.

October 4, 2022

Fortescue doubles green hydrogen spending as Europe push expands

The world's fourth largest iron ore producer said it would more than double the planned capital spending in its green power arm this fiscal year.

October 4, 2022

Alcoa urges LME not to accept Russian metal to avert ‘crisis’

What will happen to Russian metal is one of the hottest topics of debate among traders.

October 4, 2022

Former Glencore CEO contender to run metals trader IXM

IXM, the former metals trading unit of Louis Dreyfus Co., is one of the largest merchants of refined metal and ores.