April 22, 2024 Nornickel cuts nickel production by 10% y/y in Q1 The company confirmed its 2024 production forecast, expecting nickel production to fall to 184,00-194,000 tons.
April 22, 2024 Nornickel moves closer to biggest buyer with plan for copper plant in China The Russian firm will close its Arctic copper plant and build one in China with an unnamed partner.
April 19, 2024 Glencore and Trafigura’s sanctions games are draining the LME The world’s two biggest metals traders plan to withdraw the metal to profit from a new multi-tiered system created by the sanctions.
April 17, 2024 Russia and China trade new copper disguised as scrap to skirt taxes, sanctions Russian RCC and Chinese firms have avoided taxes and skirted the impact of sanctions by trading in new copper wire rod disguised as scrap.
April 17, 2024 Traders are already gaming the new Russian metal sanctions The opportunity lies in massive piles of Russian metal already sitting in the LME global warehouse network.
April 16, 2024 Nornickel says new Western sanctions raise risk of metals market disruption Nornickel intends to remain a "reliable supplier of products" and will continue to fulfil all its contractual obligations, said the company.
April 16, 2024 Russia may abolish export duty on gold Russia was in 2022 ranked as the world's second biggest gold miner, after China.
April 15, 2024 Barrick under pressure in Mali as regime eyes control of Loulo-Gounkoto After seizing power in a coup in 2021 and forming an alliance with Russian troops, the Mali junta has been focusing on the mining industry.
April 15, 2024 Russian court orders Glencore to pay shares worth 114.8m euros in Sberbank lawsuit It is a second lawsuit Sberbank has filed in Russia against Glencore over unpaid fuel supplies.
April 15, 2024 Metals whipsawed as sanctions on new Russian supplies rattle LME Aluminum jumped as much as 9.4% as the market opened, the most since the current form of the contract was launched in 1987.
Italy seeks over $8 billion in damages from ArcelorMittal over ILVA steelworks, FT reports Acciaierie d'Italia has sued over alleged mismanagement of the steelworks. January 12, 2026 | 01:23 pm
