Metals whipsawed as sanctions on new Russian supplies rattle LME Aluminum jumped as much as 9.4% as the market opened, the most since the current form of the contract was launched in 1987. Bloomberg News | April 15, 2024 | 8:11 am
New metals sanctions push Russia further into China’s embrace The sanctions now leave the Shanghai Futures Exchange as the only major commodities bourse in the world to accept Russian shipments. Bloomberg News | April 15, 2024 | 7:01 am
Vedanta Group asks JPMorgan to arrange $300 million India bond Investors include global private credit funds, Bloomberg sources say. Bloomberg News | April 15, 2024 | 3:49 am
Gold prices at a record high are keeping pawn shops busy Record prices pushing toward $2,500 an ounce are proving hard to resist. Bloomberg News | April 14, 2024 | 10:50 am
An eye-watering squeeze in copper ore is firing up the bulls An index of deals compiled by CRU shows the discount for copper ore – known as treatment and refining charges – has fallen to a record low in data going back to 1989. Bloomberg News | April 12, 2024 | 12:05 pm
US Steel shareholders approve Nippon Steel’s $14.1 billion takeover offer Beyond politics, the takeover must still pass a review by the Committee on Foreign Investment in the United States. Bloomberg News | April 12, 2024 | 10:51 am
France wants to revive copper mining and speed up green projects Copper mining has been halted in France for more than two decades. Bloomberg News | April 12, 2024 | 7:41 am
US plans chips, nickel deals in Philippines as defense ties grow The US is supporting a grant to Eramen Minerals to develop an ore-to-nickel and cobalt processing plant. Bloomberg News | April 12, 2024 | 6:29 am
Copper price rally continues with surge to highest in 22 months Futures on the London Metal Exchange have risen more than 12% so far this year. Bloomberg News | April 12, 2024 | 3:05 am
Gold price hits fresh high as Mideast tensions boost haven demand The latest US inflation reading offered some calm to markets a day after a hot price reading curbed bets. Bloomberg News | April 11, 2024 | 9:59 pm
Zinc price trades near one-year high as market weighs supply risks Prices for the metal have rallied more than 13% over the past two weeks amid the threat of reduced output from refiners. Bloomberg News | April 11, 2024 | 8:34 pm
Gina Rinehart-backed lithium hopeful surges after demo batch Vulcan Energy has gained nearly 40% this week after announcing its first viable output using direct-extraction technology. Bloomberg News | April 11, 2024 | 7:56 am