Vedanta tops Q1 profit estimates on higher aluminum, zinc pricesConsolidated net profit surged 37% to 36.06 billion rupees (around $430 million).Reuters | August 6, 2024 | 9:21 am
Copper price hovers above 4-month low struck during global routZinc also extended losses while aluminum ticked up.Bloomberg News | August 6, 2024 | 7:18 am
Column: New horizons but same old problems for LME warehousingThe Saudi Arabian port of Jeddah is the exchange's first…Reuters | August 2, 2024 | 8:33 am
Traders are already gaming the new Russian metal sanctions The opportunity lies in massive piles of Russian metal already sitting in the LME global warehouse network. Bloomberg News | April 17, 2024 | 6:06 am
Shares in two Australian miners surge on government loans The Australian government will provide a combined A$585 million to Alpha HPA and Renascor Resources. Bloomberg News | April 16, 2024 | 11:16 pm
Verde Magnesium granted mining rights in Romania Backed by US private equity investor Amerocap, Verde aims to break Europe's reliance on Chinese imports of magnesium metal. Staff Writer | April 16, 2024 | 5:23 am
Metals whipsawed as sanctions on new Russian supplies rattle LME Aluminum jumped as much as 9.4% as the market opened, the most since the current form of the contract was launched in 1987. Bloomberg News | April 15, 2024 | 8:11 am
New metals sanctions push Russia further into China’s embrace The sanctions now leave the Shanghai Futures Exchange as the only major commodities bourse in the world to accept Russian shipments. Bloomberg News | April 15, 2024 | 7:01 am
Rusal says new Western sanctions won’t hurt its aluminum supply Goldman Sachs also said it did not expect an immediate supply shock. Reuters | April 15, 2024 | 3:07 am
CME bans Russian-origin aluminum after US, UK impose new sanctions CME Group has suspended from its platform aluminium produced in Russia from April 13 Reuters | April 14, 2024 | 12:58 pm
LME bans Russian-origin metal after UK, US impose new sanctions The London Metal Exchange (LME) on Saturday banned from its system Russian metal produced on or after April 13. Reuters | April 13, 2024 | 11:59 am
US, UK take action targeting Russian aluminum, copper and nickel A UK official said London expected any market disruption to stabilize quickly. Reuters | April 12, 2024 | 2:28 pm