March 15, 2022

Rusal’s Jamaica operations to continue as usual, minister says

Rusal, which is not under sanctions by the US, runs a bauxite and alumina production complex in Jamaica.

March 15, 2022

LME imposes price limits for the first time after nickel crisis

When trading resumes Wednesday, price moves for nickel will be constrained to 5% above or below the last closing price before the suspension.

March 15, 2022

Caterpillar quietly uses Russia as shipping route after pullback

Caterpillar continues to use Russia as a supply-chain route, even after the company said it had suspended business with the country.

March 15, 2022

Russians buy up gold to salvage savings after ruble collapse

Increasing household demand for physical gold prompted Bank of Russia to halt its purchases from banks to ensure there’s enough supply for local buyers.

March 15, 2022

Aluminum price leads metals lower as China lockdowns threaten economy

The European Union excluded aluminum, copper and nickel from its latest set of trade restrictions on Russia.

March 15, 2022

VW is already sold out of some electric models for the year

Europe’s biggest automaker is pushing ahead with the industry’s biggest rollout of electric cars to challenge Tesla.

March 15, 2022

Nornickel not changing long-term view, despite logistical issues

Nornickel's biggest shareholder, Vladimir Potanin, said the company had managed to secure alternative routes for its palladium deliveries.

March 15, 2022

Rusal diverts ore to Ireland after Ukraine plant shuttered

Nikolaev alumina plant shut because of conflict in Ukraine.

March 15, 2022

Non-lithium battery chemistries to grow in importance for stationary energy storage sector – report

IDTechEx predicts alternatives to Li-ion are set to play an increasingly important role due to their potential for improving cost and safety, easing material supply burdens, and less demanding requirements…

March 15, 2022

London Metal Exchange to resume nickel trading on March 16

All deliveries against nickel contracts will be deferred an extra week, while the nickel price will have a 5% daily fluctuation limit.