British researchers come up with intelligent design process for furnaces A novel design process for furnaces promises an annual sales turnover of more than £7.4 million over the next three years. Staff Writer | November 4, 2022 | 6:06 am
Alcoa sent three letters to the LME requesting action on Russian metal Alcoa expressed concerns that large amounts of Russian aluminum flowing into LME-registered warehouses could distort the exchange's aluminum contract. Reuters | November 3, 2022 | 9:56 am
China Hongqiao: Plan to shift aluminum output on track despite Yunnan’s power woes The government ordered primary aluminum producers to cut their power usage by at least 10% in September. Reuters | November 1, 2022 | 8:37 am
Banks bolster metals-trading desks after wild year for markets Top banks are reinforcing their metals divisions to cash in on the volatility that’s lifted trading profits over the past three years. Bloomberg News | November 1, 2022 | 8:29 am
Vedanta expects revenue to jump to $50 billion in two years’ time – chairman Vedanta reported $16.05 billion in revenues in the fiscal year that ended in March. Reuters | November 1, 2022 | 7:56 am
China shows the LME there are still buyers for Russian metal More than half of the copper in LME warehouses -- much of which was of Russian origin -- has been ordered out for delivery in the past three weeks. Bloomberg News | October 31, 2022 | 8:44 am
Saudi Arabia to auction five new mining exploration licenses in 2023 The government estimates the kingdom's unused mineral resources to be valued at $1.33-trillion. Reuters | October 31, 2022 | 7:35 am
How green material producers, buyers can capture the green premiums Transforming the metals and mining, building materials, and plastics industries to make them compatible with sustainability targets will require increasing annual spending from $5.7 trillion to $9.2 trillion. Staff Writer | October 30, 2022 | 11:57 am
Germany’s biggest union starts warning strikes over wage demands Metals and electronics workers are seeking an 8% wage increase amid soaring inflation. Bloomberg News | October 30, 2022 | 10:42 am