Nickel paralysis deepens as battered LME market barely trades The market has remained in near-paralysis, even on days when prices have been trading within the 15% daily limit. Bloomberg News | March 29, 2022 | 10:03 am
Mitsubishi expands copper trading business as Peru mine ramps up Mitsubishi has hired Branko Buhavac, formerly at Trafigura Group, as head trader for base metals in Europe. Bloomberg News | March 29, 2022 | 9:51 am
China coal giant plans a surge in clean energy spending Shenhua, which mines coal and burns it in power plants, plans to peak emissions by 2025 and achieve carbon neutrality by 2060. Bloomberg News | March 28, 2022 | 3:12 pm
Anglo looks to the sea as water scarcity hits Chile copper mines The proposal is to build a plant on the coast of the Valparaiso region that would produce drinking water for residents in exchange for access to waste water that could be used at mines. Bloomberg News | March 28, 2022 | 2:57 pm
Miners gather in copper capital facing ‘another world’ of tumult The last time the copper industry gathered in Santiago, prices were below $3/lb amid concerns over a slowdown in Chinese demand. Bloomberg News | March 28, 2022 | 1:17 pm
Rusal can’t access alumina from Australia JV as pressure builds Rusal owns a 20% stake in Queensland Alumina, which is operated by Rio Tinto. Bloomberg News | March 28, 2022 | 9:51 am
He who hesitates may be lost in China’s electric car market Car buyers may be delaying any EV purchase at their peril. Bloomberg News | March 28, 2022 | 7:13 am
World looks to Canada to fill potash, uranium void left by Ukraine Canada is one of the world’s main sources of the two commodities and buyers seek to fill gaps caused by the war in Ukraine. Bloomberg News | March 28, 2022 | 3:17 am
Gold jeweler Joyalukkas files for $300m India IPO The proceeds from the issue will be used to pay back some loans and to open new stores. Bloomberg News | March 27, 2022 | 11:20 am
War sparks Wall Street’s rush to commodity-rich emerging markets A deep divide is opening up as investors focus their hopes on commodity exporters in the Middle East and Latin America. Bloomberg News | March 27, 2022 | 11:09 am
India asks power firms to import coal on electricity demand Coal contributes nearly 70% of India’s electricity supply. Bloomberg News | March 26, 2022 | 2:23 pm
Africa’s top bauxite exporter Guinea posts 4% rise in shipments Despite endemic levels of poverty, Guinea vies with Australia as China’s largest supplier of bauxite. Bloomberg News | March 26, 2022 | 1:49 pm