Vedanta profit plummets 41% on soft metal pricesPrices of zinc, aluminum have fallen from their peaks by over 15% in 2022 from a year earlier.Reuters | January 27, 2023 | 7:55 am
EU metals industry urges aid to rival US green energy packageFrench President Emmanuel Macron called for an EU package amounting…Bloomberg News | January 24, 2023 | 8:24 am
Potanin says sanctions constrain Nornickel, force it to adjust strategyPotanin was placed on a US sanctions list as part of…Reuters | January 23, 2023 | 8:12 am
Giant miners to see record profits slip as cost pressures bite The top-five western diversified mining companies may see combined 2021 second-half earnings of $73 billion. Bloomberg News | February 13, 2022 | 10:02 am
Aluminum rally spurs billionaire to weigh smelter expansion Billionaire Kumar Mangalam Birla’s Hindalco Industries is evaluating expanding its aluminum capacity. Bloomberg News | February 10, 2022 | 11:08 am
The commodity gauges that underpin Goldman’s uber-bullish view There are more commodities futures contracts trading in backwardation than at any point since at least 1997. Bloomberg News | February 8, 2022 | 12:46 pm
Aluminum price hits highest since 2008 on LME, closes in on a record “Aluminum markets are facing a melt-up in prices this year, driven by simultaneous deficits in both China and ex-China drawing on already low stock of inventory,” Goldman analysts say. Bloomberg News | February 8, 2022 | 9:57 am
Americans face record metals prices as shipping costs surge Supply-chain snags dominated headlines through most of 2021, catapulting commodities prices to the highest in more than a decade. Bloomberg News | February 7, 2022 | 10:10 am
Goldman commodity veteran says he’s never seen a market like it "We’re out of everything – I don’t care if it’s oil, gas, coal, copper, aluminum, you name it we’re out of it,” says Jeff Currie. Bloomberg News | February 7, 2022 | 6:49 am
Financial spillover effect more intense between gold, silver Researchers analyzed the portfolio risk characteristics and spillovers of precious metals commodities and equity markets across continents. MINING.COM Staff Writer | February 7, 2022 | 5:10 am
Turkey lifts ban on importing scrap metal from Lebanon The Turkish decision will secure $100 million of "fresh dollars" annually for Lebanon. Reuters | February 6, 2022 | 9:56 am
China’s metals imports boomed in 2021, so did its exports Such divergence is highly unusual but reflects the equally unusual combination of pandemic recovery and supply-side constraints, writes Andy Home. Reuters | February 3, 2022 | 8:24 am