April 29, 2024

White House eyes Russian uranium import ban while House bill stalls

Russia provided almost a quarter of the enriched uranium used to fuel America’s fleet of more than 90 commercial reactors.

April 26, 2024

Glencore bought aluminum from Rusal worth $1.06bn in 2023

The current contract between the parties expires in 2024.

April 25, 2024

Metso to deliver copper smelter to Almalyk MMC, Uzbekistan

The planned production capacity of the new copper smelter is 300,000 r/y of copper cathodes and 1.8 million t/y of sulphuric acid.

April 25, 2024

More Chinese nickel seen flowing overseas after LME’s Russia ban

Overseas sales jumped more than 200% in March from the previous month.

April 24, 2024

Eurasian Resources denies circumventing Congo subcontracting laws

Congo's government last week accused ERG of passing off subcontracting companies as majority partners.

April 24, 2024

World’s biggest energy traders are returning to metals markets

Vitol, Gunvor and Mercuria Energy are among the traders building out their metals teams, as they look to deploy capital generated by record profits.

April 23, 2024

LME takes aim at traders’ Russian metal games with new rules

New measures designed to undercut the economic rationale for withdrawing Russian metal already on the LME and selling it back on the exchange under a less-desirable category.

April 23, 2024

Airbus wins reprieve from Canadian sanctions on Russian titanium

Canada has granted Airbus a waiver to allow it to use Russian titanium in its manufacturing after becoming the first Western government to ban supplies of the strategic metal.

April 23, 2024

Flooding in Russia raises concerns of radioactive contamination in Tobol River

Rosatom has previously claimed that uranium deposits are fully isolated from the Tobol River by natural barriers.

April 23, 2024

China loses appetite for Russian coal as import costs rise

Russian exports plunged 22% in the first quarter after Beijing imposed a tax regime that favors some of Russia’s rivals.