July 6, 2022

Potanin a major obstacle to $60 billion Rusal, Nornickel merger

Potanin has said a tie-up could strengthen the companies' defences against any sanctions the West might impose on them.

July 6, 2022

Savannah Resources shares hammered as Portugal lithium project subject to further EIA step

The miner lost more than a third of its value on Wednesday as it also announced the immediate departure of its CEO.

July 5, 2022

Europe snaps up coal from abroad to fill gap left by Russia

Helping to fill the gap is more coal from the US, Colombia, and Australia.

July 5, 2022

Bank of England takes deep dive into ‘opaque’ commodities

Big UK banks have up to 50% of their total core capital of gross exposure to commodity producers, suppliers, and traders, and to commodity derivatives.

July 5, 2022

Russia’s Potanin weighs big metals merger as defence against sanctions

Nornickel-Rusal merger would create national champion and would also help to resist sanctions, Potanin said.

July 4, 2022

Metals melt down as recession fears overwhelm supply woes

Industrial metals have gone from boom to bust in the space of only three months, writes Andy Home.

July 4, 2022

Battery material lithium isn’t a health threat – industry groups

A proposal by the European Chemicals Agency wants to classify lithium salts as dangerous for human health.

July 4, 2022

Banks step up trade finance in global commodities boom

Commodity trading houses have seen earnings climb as they capitalize on wild swings in prices and arbitrage opportunities.

July 4, 2022

Battery makers warn EU that lithium proposal may hurt EV sector

The proposal to classify the metal as a reproductive toxin could severely hurt Europe’s burgeoning EV industry, they argued.

July 4, 2022

Phoenix Copper launches novel bond linked to copper price

Phoenix is raising cash to revive production at the Empire copper mine in Idaho.