Funds return to LME nickel with $4.6 billion in short positions Measured by value, that’s a record in data going back to 2018, while in tonnage terms the mismatch is near an all-time high seen in 2019. Bloomberg News | October 18, 2023 | 9:39 am
China’s lithium triangle inroads show US challenges in EV race The lithium triangle of South America accounts for more than half of global resources. Bloomberg News | October 16, 2023 | 10:45 am
Giant lithium deal collapses after Australian billionaire Rinehart steps in Albemarle has walked away from its $4.2 billion takeover of Liontown Resources after Australia’s richest woman built up a blocking minority. Bloomberg News | October 16, 2023 | 6:56 am
Global markets brace for more volatility amid Israel conflict Gold surged by the most since March on Friday. Bloomberg News | October 15, 2023 | 10:52 am
Indonesian tycoon said to weigh selling gold miner Archi Founded in 2009, Archi is one of the biggest pure-play gold producers in Indonesia and Southeast Asia. Bloomberg News | October 13, 2023 | 10:12 am
Chilean startup raises $10 million for video game-inspired mining software TIMining provides data analytics and real-time simulation to boost productivity and safety at about 50 mines, including some owned by BHP, Anglo American and Codelco. Bloomberg News | October 13, 2023 | 10:09 am
Squarepoint follows Citi buying Russian aluminum on the LME The latest data from the LME showed the share of Russian supplies in total live aluminum inventories on the exchange dropped to 76% in September. Bloomberg News | October 13, 2023 | 10:02 am
Talga Group wants more aid for EV battery materials Miner wants to help Europe challenge China’s dominance of the $143 billion market for electric vehicle batteries. Bloomberg News | October 13, 2023 | 9:02 am
BYD looks to buy lithium assets in Brazil in EV raw material push Latin America has emerged as a hot spot for carmakers seeking to tap metals used in electric vehicles. Bloomberg News | October 12, 2023 | 4:27 pm
LME copper stockpiles rebound to highest in nearly two years Stockpiles rose for a sixth day to reach 181,150 metric tons, extending a threefold increase since July. Bloomberg News | October 12, 2023 | 3:54 pm
Copper price advances as metals get help from Fed comments and China Risk assets are getting a boost from some less hawkish Federal Reserve commentary, and from moves by China to bolster its sinking stock market. Bloomberg News | October 12, 2023 | 2:37 pm
US steps up efforts to access Africa’s critical minerals Last month, the US government approved $150 million of funding for a graphite project in Mozambique. Bloomberg News | October 12, 2023 | 10:07 am
