Major Chinese copper trader sees glut weighing on prices in 2024“We are not very optimistic about copper prices,” said the head of copper trading at Shanghai Wooray Metals.Bloomberg News | November 15, 2023 | 10:32 am
Hong Kong ousts Dubai as biggest hub for Russian gold tradeThe city has long been a key conduit for bullion…Bloomberg News | November 15, 2023 | 10:01 am
EU Commission proposes Russian diamond ban, tightening of oil price capThe sanctions package also contains import bans on a number…Reuters | November 15, 2023 | 7:36 am
Chile to present large lithium investment plan for 2025-2030 this month One of the plan's aims is also to promote decentralization. Reuters | April 11, 2023 | 11:54 am
Export restrictions may threaten the green transition, OECD says The restrictions have increased more than five-fold in the last decade to a point where 10% of the global value of exports is subject to at least one measure, the OECD says. Bloomberg News | April 11, 2023 | 10:20 am
Silver vs. Stocks: Comparing performance during recessions Silver is a unique precious metal that derives demand from scarcity and also industrial applications. So how has it done during recessions? Visual Capitalist - Elements | April 11, 2023 | 10:19 am
More than half of aluminum in LME warehouses produced in Russia The exchange has not banned Russian metals from being traded and stored in its system since Moscow invaded Ukraine. Reuters | April 11, 2023 | 7:53 am
Glencore sweetens offer for Teck with $8.2bn cash incentive Revised bid gives Teck’s shareholders the option to receive cash plus 24% of the metals unit, instead of exposure to coal and oil. Cecilia Jamasmie | April 11, 2023 | 5:53 am
G-7 nations tussle over bid to phase out coal power by 2030 The EU, the US and Japan have expressed reservations about a UK proposal to phase out out domestic coal power generation by 2030. Bloomberg News | April 11, 2023 | 4:30 am
One of Teck Resources’ top investors backs separation plan Egerton Capital UK said it will support proposal to separate Teck's base metals and a coal businesses in upcoming shareholders vote. Cecilia Jamasmie | April 11, 2023 | 3:26 am
Peru will mine more copper in 2023, lithium permits pending Peru expects to produce 2.8 million tonnes of copper in 2023, versus 2.44 million tonnes last year. Reuters | April 10, 2023 | 10:39 am
Indonesia to propose limited free trade deal with US on critical minerals The Southeast Asian country has been trying to leverage its nickel reserves to attract investment from battery and EV makers. Reuters | April 10, 2023 | 10:33 am