October 12, 2018

LME Week metals puzzle is how to trade a trade war

Donald Trump didn't make it to LME Week, the annual jamboree of the global metals trading community. But the US president was the hot topic.

October 12, 2018

ArcelorMittal sells assets to Liberty House to facilitate Ilva deal

ArcelorMittal, the world's largest steel producer, has agreed the sale of plants in the Czech Republic, Romania, Macedonia and Italy.

October 11, 2018

Trafigura-backed copper miner Atalaya Mining seeks buyer

Atalaya Mining produced 166,000 tonnes of copper concentrate in 2017 and has a market capitalization of 327 million pounds ($433 million).

October 11, 2018

Australian tungsten producer Wolf Minerals says its British unit has stopped trading

Wolf Minerals said on Thursday that it could not meet its short-term working capital needs after failing to reach a deal with its financial backers.

October 10, 2018

Top copper miner almost sold out on strong China demand

Chinese copper demand has been so strong in the past few months that top producer Codelco has almost sold out of supplies for next year, well ahead of schedule.

October 10, 2018

Blockchain tech coming to commodities, Masters tells LME

Blockchain facilitates the exchange of critical trade documents, bills of lading, letters of credit between connected users securely and confidentially.

October 10, 2018

Chile wants lithium to be traded on LME

Chile expects lithium to soon become its second largest mining asset, just behind copper. It's currently the country's fourth biggest export.

October 10, 2018

Rio Tinto to restart sale of Icelandic aluminium plant

Rio Tinto is close to restarting a sale process for some of its aluminium assets, including a plant in Iceland.

October 10, 2018

Poland’s KGHM focused on balance sheet, not dividends

KGHM will deliver updated strategy by year-end and it has no plans to sell foreign assets.

October 9, 2018

Global coal mining industry sees compound annual growth

The global coal mining market is growing, with a CAGR of close to 2% from 2018-2022.