Nornickel management proposes 76% dividend cutNornickel has proposed slashing its annual dividend for 2022 to $1.5 billion from the $6.3 billion paid out for 2021.Reuters | January 21, 2023 | 12:13 pm
Global aluminum output rises 6.1% y/y in DecemberEstimated Chinese production was 3.47 million tonnes in December.Reuters | January 20, 2023 | 9:01 am
Alcoa drops as shipments seen stagnating on shaky demandThe largest US aluminum producer expects to ship between 2.5…Bloomberg News | January 18, 2023 | 3:04 pm
Russian metals producers want Putin to ease taxes amid war Mining and metals companies want the tax system to return to how it was before changes made last year that effectively raised levies. Bloomberg News | April 20, 2022 | 8:01 am
Top 50 mining companies power through covid adding $1 trillion in value Buoyant lithium, copper and gold prices lift value of top 50 mining stocks $1 trillion above covid lows – Russian miners prove resilient. Frik Els | April 18, 2022 | 10:15 am
China’s spreading lockdowns keeping metals supply chains snarled China decided to stick with its Covid Zero policy, despite growing evidence that it’s threatening economic growth. Bloomberg News | April 18, 2022 | 7:53 am
Oleg Deripaska’s superyacht sails on as sanctions bite The aluminum billionaire's 39-foot yacht had been in the Indian Ocean for at least two months as scrutiny around Russian oligarchs increased. Bloomberg News | April 17, 2022 | 12:33 pm
Guinea junta turns up the heat on bauxite miners Guinea shipments at an all-time high but local value-adding a problem – report. Henry Lazenby | April 12, 2022 | 3:55 pm
Russia-Ukraine war could trigger global recession, warns former Vale director The short-term scenario is good for commodities, but in the medium term, a correction will be necessary, said Jose Carlos Martins. Bruno Venditti | April 12, 2022 | 9:49 am
Nickel drama spurs Chicago exchange bid to grab trading From LME It’s not the first time CME has tried to gain a foothold in the LME’s territory. Bloomberg News | April 11, 2022 | 1:23 pm
Guinea asks bauxite miners to present local refinery plans by May The interim government of Guinea asked international mining companies to present plans to refine their bauxite production into alumina within the country by May 2022. Reuters | April 9, 2022 | 11:27 am
Market value of top 50 mining companies surge $335 billion during Q1 2022 Extreme volatility on metal and mining markets continued into 2022 amid historically low stockpiles of metal on global exchanges, but for most […] Frik Els | April 8, 2022 | 1:46 pm