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.

September 26, 2022

Greenland Minerals dealt setback in legal fight for rare earth project licence

In March, the miner took the governments of Greenland and Denmark to court for the legislation passed last year that banned uranium mining.

September 26, 2022

Volkswagen teams up with Umicore on battery materials

The venture - between Umicore and Volkswagen's battery unit PowerCo - also plan to collaborate on recycling metals from battery materials.

September 25, 2022

Synthetic rocks shed light on how REEs are formed

New research is getting closer to explaining the mechanisms by which rocks containing rare earths form.

September 24, 2022

Charting the global economy: Fed headlines concert of rate hikes

When it comes to copper, big miners and metals traders are warning that in just a couple of years’ time, a massive shortfall will emerge.

September 23, 2022

Column: Russian supply uncertainty weighs on aluminum market

Aluminum traders had seen this movie before back in 2018, when US sanctions on Rusal's owner Oleg Deripaska caused massive upheaval along the entire length of the global supply chain.