Rio Tinto planning more investments in Canada, but rules out bid for Teck

CEO praised Teck as a “mining champion in Canada” that has attracted the interest of other multinational miners but said that Rio is not looking to make a major acquisition at the moment.

Niall McGee - The Globe and Mail | September 21, 2023 | 4:55 pm

Copper prices may jump 20%, aluminum by 36% as demand outpaces supply: forecast

Global copper and aluminum supply deficits may cause prices to soar within a few years while steel may drop, according to a new report on metals.

Colin McClelland | September 20, 2023 | 1:46 pm

Several top traders leave Gerald Group in shakeup at metals firm

Gerald was hit by a loss in its tin book earlier this year.

Bloomberg News | September 19, 2023 | 2:46 pm

Glencore took low volumes of Rusal aluminum, contract could go to 2025

Glencore bought only a small portion of a potential 6.9 million metric tons of aluminum it could have bought in 2020 to 2022.

Reuters | September 18, 2023 | 9:19 am

Aluminum deal season has started, but no one is buying yet

The annual contracting season for aluminum supplies got off to a slow start at a key industry conference this week.

Bloomberg News | September 15, 2023 | 8:35 am

LME to change the way closing prices are determined

The changes will extend the volume-weighted average price methodology to five additional prompt dates for aluminum, copper, zinc, lead and nickel.

Reuters | September 14, 2023 | 8:37 am

US lags behind China, India, EU when it comes to battery recycling – report

The US still needs to deploy the necessary infrastructure to match the recycling pace of those regions, a recent report by IDTechEx shows.

Staff Writer | September 10, 2023 | 11:24 am

US, EU plan new steel tariffs aimed at China, others

The measures would primarily target imports from China that benefit from non-market practices.

Reuters | September 7, 2023 | 8:32 am

Rio Tinto names Jerome Pecresse as new aluminum CEO, eyes low-carbon future

Executive has held senior leadership roles in companies such as General Electric and GE Renewable Energy.

Reuters | September 5, 2023 | 8:23 am

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Metals whipsawed as sanctions on new Russian supplies rattle LME

New metals sanctions push Russia further into China’s embrace

Rusal says new Western sanctions won’t hurt its aluminum supply

CME bans Russian-origin aluminum after US, UK impose new sanctions

LME bans Russian-origin metal after UK, US impose new sanctions

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