Citi buys $160 million of Russian aluminum others won’t touch

Macroeconomic headwinds have pushed copper futures down almost 30% from a peak in March.

New report estimates 1 million additional tonnes of copper supply is needed per year to meet climate goals. The tally so far in 2022? 260,000 tonnes.

The largest US aluminum producer had third-quarter adjusted loss of $60 million or 33 cents a share, missing the average estimate of 3 cents profit.

Renewed strength in the greenback has now seen bullion tumble more than 20% since a March peak.

NMG will use the proceeds of the investment to support the finalization of the design, operation, marketing and corporate parameters of the Phase 2 commercial integrated operations.

Bloomberg reports potential easing of covid-19 restrictions.

China is considering a cut in the duration of quarantine for inbound visitors from 10 to seven days.

Tesla stock has dropped 37% this year.

Talon has been selected as a recipient of the first set of projects funded by US President Biden's Bipartisan Infrastructure Law to expand domestic manufacturing of batteries for electric vehicles.