May 9, 2019 China’s environmental crackdown buoys lead, zinc Zinc stocks plummeted from 900,000 tonnes at the beginning of 2014 to around 120,000 five years later - due to a rash of zinc mine closures over the past few…
May 9, 2019 Financing deals, deficit to buttress physical aluminium prices Three-month aluminium fell to $1,784 a tonne on Thursday, the lowest since January 2017.
May 9, 2019 Steelmaker ArcelorMittal downbeat on main Europe market The world's largest steelmaker cut its forecast for demand in its main market Europe on Thursday after lower steel prices depressed earnings at the start of the year.
May 9, 2019 Rio Tinto shipping more aluminium to Europe as US demand slows The company says demand for its products had not been impacted by the US-China trade dispute.
May 8, 2019 Trading houses caught in crossfire of Russian oil contamination Trading houses Vitol, Glencore and Trafigura are caught in the crossfire between Russian oil producers and Western buyers.
May 8, 2019 Rusal’s political comeback powered by “green” aluminium In April, Rusal landed a major equity and supply deal with Braidy Industries, which is building the first greenfield aluminium rolling mill in the United States in 37 years.
May 7, 2019 Norway’s KLP fund cuts coal exposure Norwegian pension fund manager KLP has sold $366m of bond and equity exposure in 46 companies, including leading miners BHP and Anglo American.
May 7, 2019 Norway is using its wealth to lead an exodus from coal A law set to pass in June will see the Norwegian Oil Fund divest more from coal, and invest over $20B in renewable energy.
May 7, 2019 ArcelorMittal to cut iron ore output, slash jobs in Bosnia Output will be reduced by a third to 1 million tonnes and the job cuts will be carried out from September.
May 6, 2019 Gold miners continue to cut costs, up production and finally – raise more money Gold mining industry entered 2019 in much better shape.
Codelco, SQM seal lithium venture in Chile’s Atacama desert NovaAndino Litio, the venture, will control all lithium exploration, production and sales in the Atacama salar until 2060. December 27, 2025 | 09:38 am
