Missing recovery leaves China’s metals bears in charge The first gathering of the Asian metals community since the pandemic should have been a celebration, but the resurgence never came. Bloomberg News | May 21, 2023 | 8:52 pm
Macron says Mongolia to supply critical metals for green push Macron added that the two countries would cooperate on renewable energies and nuclear. Bloomberg News | May 21, 2023 | 9:35 am
US imposes sanctions on some of Russia’s biggest gold miners Polyus and Polymetal were targeted, according to a statement Friday. Bloomberg News | May 20, 2023 | 10:10 pm
Congo President heads to China amid mining contract negotiations Felix Tshisekedi will visit China next week as the two nations look to conclude the re-negotiation of a $6.2 billion mineral-for-infrastructure deal. Bloomberg News | May 19, 2023 | 2:21 pm
LME profits fall to 8-year low as nickel crisis hits exchange The LME’s annual profit fell 27% to $56.1 million, the lowest since before a hike in trading fees in 2015. Bloomberg News | May 19, 2023 | 11:18 am
Trafigura says accused fraudster’s wife not a bystander Trafigura in February accused Prateek Gupta and the companies connected to him of perpetrating a “systematic fraud” . Bloomberg News | May 19, 2023 | 9:33 am
G-7 to chase Russia’s diamonds while stopping short of total ban Earlier attempts to sanction Russian gems in Europe have met resistance from importer nations like Belgium. Bloomberg News | May 19, 2023 | 8:14 am
Vale moves ahead with $2.7 billion Amazon mining expansion in clean-steel bet Work at the S11D mine is part of a plan to be able to supply 260 million tons from its northern operations by 2025. Bloomberg News | May 19, 2023 | 8:05 am
Vedanta seeks cash with $500 million bond maturing The board will consider paying out a first dividend for the current business year at an upcoming meeting. Bloomberg News | May 18, 2023 | 11:59 am
Top stock fund wagers BHP, Rio Tinto will weather iron ore slump Even when iron-ore prices fall, Australian producers are still highly profitable given they have a lower cost, said Bloomberg News | May 18, 2023 | 10:05 am
EU nears critical materials agreements with Argentina and Chile Preliminary memorandums of understanding could be signed during the next four months, according to the European Commission. Bloomberg News | May 17, 2023 | 12:54 pm
Aluminum trader’s huge LME position ignites battle for stock IXM, owned by China’s CMOC Group, has built up an unusually large position in the LME’s aluminum contract for delivery tomorrow. Bloomberg News | May 16, 2023 | 9:47 am