Base Metals Top Stories

Sanctions fever grips nickel as market rethinks Russia risk — Andy Home

With Russian aluminium producer Rusal imploding in the wake of U.S. sanctions against its oligarch owner Oleg Deripaska, attention is now turning to the status of another Russian industrial powerhouse, Norilsk Nickel.

Reuters | April 20, 2018 | 2:37 am

China, the highly problematic saviour of the global aluminium market? Andy Home

As supply fears grow, the market's attention is turning to…

Reuters | April 19, 2018 | 11:43 am

Canada’s Copper Mountain grabs Altona Mining in $72-million deal

Merger creates a mid-sized copper miner, with an expected annual…

Cecilia Jamasmie | April 19, 2018 | 11:13 am

Sanctions fallout upends metals as aluminum, nickel burst higher

Aluminum rallied as much as 7.1 percent, a record intraday…

Bloomberg News | April 19, 2018 | 10:35 am

Australia’s South32 sees brighter manganese outlook, shares soar

The Perth-based miner plans to raise its Australian manganese production…

Reuters | April 19, 2018 | 9:58 am

Los Andes Copper weighs funding options for Chile project including sale

The company was recently authorized to restart drilling at Vizcachitas after fulfilling conditions laid out by an environmental court.

Bloomberg News | July 3, 2023 | 2:39 pm

China’s Yunnan region ramps up aluminum production as power curbs eased

Analysts had previously expected between 1-1.3 million tons of production to resume in the Yunnan region during the summer months.

Reuters | July 3, 2023 | 11:38 am

China set to boost state cobalt reserves after tumble in prices

The National Food and Strategic Reserves Administration, the government stockpiling body, may buy about 2,000 tons of cobalt.

Bloomberg News | July 3, 2023 | 8:34 am

ING sues legendary Chinese copper trader over $147 million debt

Amount involves overdue payments owed by Triway International Ltd., a trading arm of Maike Metals International, founded by He Jinbi.

Bloomberg News | July 3, 2023 | 5:20 am

Glencore offers to buy rest of PolyMet for $71m

The move will give Glencore a direct ownership of NorthMet, poised to be Minnesota’s first copper-nickel mine.

Cecilia Jamasmie | July 3, 2023 | 3:34 am

Zambia to pick investor in Mopani Copper Mines this month

China’s Zijin Mining, Norinco Group, Sibanye Stillwater and an investment vehicle owned by ex-Glencore officials are shortlisted to buy Mopani.

Bloomberg News | July 2, 2023 | 3:03 pm

Andalucia v Boliden trial set to begin on Tuesday

The trial is aimed at dealing with the latest lawsuit promoted by the Junta de Andalucía against Boliden for the Los Frailes tailings dam breach.

Staff Writer | July 2, 2023 | 2:44 pm

EU countries seek to stretch raw material targets, add aluminum

The European Commission proposed in March that EU extraction of 16 "strategic raw materials", including lithium and copper.

Reuters | June 30, 2023 | 10:14 am

Pentagon ordered to probe undersea mining to counter China

Undersea mining is still illegal under international law and environmentalists rail against it for threatening ocean ecosystems with habitat damage, silt and noise.

Colin McClelland | June 30, 2023 | 10:11 am

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