Column: Funds amass record bear bets on zinc as LME stocks jump

The annual contracting season for aluminum supplies got off to a slow start at a key industry conference this week.

Stanmore Resources Ltd. is seeking to borrow a total of $1.1 billion for its acquisition of the Daunia coal mine.

Chinese battery metals producer CNGR is weighing an initial public offering of Indonesian assets as soon as the end of 2024.

A stronger local currency makes imports cheaper for domestic traders and fabricators in the world’s top metals consumer.

Bullion on the Shanghai Gold Exchange traded at a premium of more than $120 an ounce on Thursday.

The LBMA's database of Russian gold bars held by banks in London helps to prevent sanctions evasion by Russian companies.

The changes will extend the volume-weighted average price methodology to five additional prompt dates for aluminum, copper, zinc, lead and nickel.

Market, however, will maintain a deficit, according to a report from the Chilean state agency.

On-warrant copper inventory held by the London Metal Exchange rose on Wednesday by 5.7% to the highest since September 2021.