Base Metals Top Stories

US probe darkens Glencore horizons from Africa to Americas

Investigation is casting a wider net with the addition of Venezuela and Nigeria to its investigation, increasing the likelihood that Glencore’s management will get bogged down in a lengthy legal process.

Bloomberg News | July 4, 2018 | 7:30 am

Indonesia extends Freeport operating permit for Grasberg

Indonesia has extended an operating permit for Freeport's Grasberg copper-gold…

Cecilia Jamasmie | July 4, 2018 | 3:44 am

Anil Agarwal faces shareholder resistance to $1 billion Vedanta bid

Billionaire Anil Agarwal faces investor resistance to his $1 billion…

Reuters | July 3, 2018 | 12:18 pm

LME to get tougher on cobalt companies with ties to the DRC

Starting next year, it will demand firms that get at…

Cecilia Jamasmie | July 3, 2018 | 6:00 am

Glencore hammered as US requests documents in corruption probe

Shares fell as much as 13% after the miner and…

Cecilia Jamasmie | July 3, 2018 | 3:41 am

Metal trader misery undercuts supercycle hype as losses pile up

The world’s metal traders are enduring one of their toughest periods in years.

Bloomberg News | October 8, 2023 | 11:35 am

LME seeks to move on from nickel crisis as traders return

It’s been 19 months since Matthew Chamberlain responded to a runaway short squeeze by suspending the world’s benchmark nickel market and cancelling $12 billion of trades.

Bloomberg News | October 7, 2023 | 11:42 am

Electric vehicles are fueling Indonesia’s green IPO boom

In a country blessed with natural resources, the vast bulk of IPOs this year came from expansion-minded metals companies.

Bloomberg News | October 6, 2023 | 2:03 pm

Copper Study Group expects big supply surplus in 2024

Production is forecast to exceed usage by 467,000 metric tons in 2024, a significant upward revision from the expected 297,000 metric ton surplus from April.

Reuters | October 6, 2023 | 11:54 am