Column: LME’s Russian aluminum dilemma set to become more acute

Bullion earlier fell as much as 1.1% on renewed strength in the US dollar as recession concerns returned.

Reuters sources say the exchange was planning to discuss banning new deliveries of Russian metal so its warehouses cannot be used to offload hard-to-sell stock.

Shares of Adaro Minerals Indonesia have surged more than six times the second-best stock on the MSCI Asia Pacific Index.

Spot gold climbed 1.7% as the US dollar retreated after scaling a new two-decade high.

Thungela Resources has soared more than 1,300% since the South African coal miner was carved out of Anglo American last year.

Located on the island of Viti Levu in Fiji, Tuvatu is envisioned as a low-cost high-grade underground gold mining operation with exploration upside.

Gold slid to the lowest in more than two years as tighter Fed policy and Europe’s worsening energy crisis has pushed up the US currency.

The jump in the dollar and borrowing costs have made it much more expensive for banks to finance London Metal Exchange positions in recent days.

New report by Fitch Solutions forecasts over 7 million tonnes will be added to global copper production through 2031 as a raft of projects in Chile, Peru and Congo come online.