London-listed Rockfire to buy suspended Dubai gold refinery The London-listed company said the deal is conditional on Emirates Gold being restored to the United Arab Emirates’s Good Delivery List. Bloomberg News | September 15, 2023 | 7:31 am
Tesla supplier weighs Indonesia battery metal unit IPO Chinese battery metals producer CNGR is weighing an initial public offering of Indonesian assets as soon as the end of 2024. Bloomberg News | September 14, 2023 | 3:22 pm
Copper price steadies as dollar strength balances fresh China stimulus A stronger local currency makes imports cheaper for domestic traders and fabricators in the world’s top metals consumer. Bloomberg News | September 14, 2023 | 1:22 pm
China gold premium hits record as Beijing defends yuan Bullion on the Shanghai Gold Exchange traded at a premium of more than $120 an ounce on Thursday. Bloomberg News | September 14, 2023 | 11:18 am
Greener steel production is the first step. Next comes scaling it up Decarbonizing steel will be difficult and costly, and if done at meaningful scale will remake one of the world’s biggest industries. Bloomberg News | September 14, 2023 | 10:32 am
South Africa’s Kruger Park opposes new border link to Mozambique South Africa’s biggest wildlife reserve is opposing plans for a new privately operated trucks-only border crossing. Bloomberg News | September 14, 2023 | 8:25 am
China conjures a glut of coal as record imports swell supply The market for China’s mainstay fuel today is far more sedate. Bloomberg News | September 13, 2023 | 7:02 pm
LME copper stocks rise to two-year high as demand falters On-warrant copper inventory held by the London Metal Exchange rose on Wednesday by 5.7% to the highest since September 2021. Bloomberg News | September 13, 2023 | 4:07 pm
India’s gold imports said to jump in risk to wider trade deficit Gold imports by India, the world’s second-biggest consumer, surged about 40% in August on strong festive buying. Bloomberg News | September 13, 2023 | 9:52 am
De Beers ends lab-grown engagement diamonds foray as prices drop The company expects lab-grown prices to continue to decline as more supply comes into the market. Bloomberg News | September 13, 2023 | 8:15 am
Sigma Lithium surges after attracting strategic proposals Shares surged by 15% after the company announced that it is reviewing a number of strategic approaches, marking the latest sign of rampant dealmaking in the sector. Bloomberg News | September 13, 2023 | 8:14 am
Welcome to the crazy world of China’s lithium mine auctions Due to competition, winning bids often end up being over 1,000 times the starting price. Bloomberg News | September 13, 2023 | 8:07 am