Australian gold miner Red 5 to acquire Silver Lake Resources

Zinc stocks have more than doubled to 145,975 metric tons over the last month and are now at their highest level since February 2022.

The idea about the powder is part of a program to address low inventory levels and boost liquidity in electronic trading.

Chinese copper stocks readily available in the spot market totalled 82,600 tonnes on Aug. 14, up 17.5% year-on-year.

SQM posted on Wednesday quarterly earnings that fell from the previous year while missing forecasts.

Jewelry sales in China in July contracted 10% year-on-year.

A perfect storm of tight supply that spans minerals, oil, gas, food and water is approaching.

Benchmark aluminum on the LME fell to a five-week low on Wednesday.

The metal industry has speculated whether HKEX might sell either the LME or its clearing house, LME Clear, after a chaotic period last year.

Much of the zinc going on LME warrant was sold into the system by Trafigura and Glencore.