Glencore and Trafigura’s sanctions games are draining the LME
The world’s two biggest metals traders plan to withdraw the metal to profit from a new multi-tiered system created by the sanctions.
Glencore acts to profit from LME post-sanction rule change
Glencore aims to take thousands of metric tons of Russian…
Biden calls for tripling of tariffs on Chinese steel
The Biden administration is also pressuring neighboring Mexico to prohibit…
Traders are already gaming the new Russian metal sanctions
The opportunity lies in massive piles of Russian metal already…
Shares in two Australian miners surge on government loans
The Australian government will provide a combined A$585 million to…
