September 16, 2024 Daye copper plant in China to close for 3 months after fire The stoppage could mean the release of copper raw materials to the market, which has faced unprecedented shortages this year.
September 16, 2024 Vedanta alumina output unaffected after water breach Rising alumina prices have already been putting pressure on aluminum makers’ margins.
September 16, 2024 Ex-Glencore trader plots return but says compliance is a turnoff Sebastien Le Page, who worked at Glencore for 18 years before retiring in 2015, said that the current state of the copper market had piqued his interest.
September 16, 2024 Russia’s Uralkali to supply 600,000t of potash to India before year-end The contract was signed earlier this year, according to a Reuters source.
September 16, 2024 Goldman Sachs cuts Q4 iron ore price forecast by $15/t on supply glut The bank cited market oversupply even though demand from top consumers in China is stabilizing.
September 16, 2024 Zimbabwe to tackle gold smuggling by boosting mine surveillance The country loses $1.5 billion of gold a year to smugglers.
September 16, 2024 China’s grip on rare earths undercuts projects from US to Japan A slump in prices since 2022 is undermining the business case for rare earth projects.
September 16, 2024 LME appoints former banker as chief financial and administrative officer Robert Arbuthnott served as head of group finance and chief accountant for the Credit Suisse Group for seven years.
September 15, 2024 Alcoa to sell its 25.1% stake in Ma’aden joint venture for $1.1 billion After completing the transaction, Alcoa would own approximately 2% of Ma’aden’s current shares outstanding.
September 14, 2024 China’s August coal output up on more power, chemical demand July was the hottest month on record for China, and the heat waves continued into August.
Hedge funds cut bullish gold wagers to lowest in 15 weeks Hedge funds and other large speculators reduced net-long positions by 23%. February 06, 2026 | 03:33 pm