How a ban on Russia’s mining giants could shake the metals world A possible ban on Russian supplies by the London Metal Exchange would be a seismic event for the metals industry. Bloomberg News | October 8, 2022 | 3:41 pm
Japanese aluminum buyers negotiate 33% drop in Q4 premiums The figure is lower than the $148 per tonne paid in the July-September quarter and marks a fourth consecutive quarterly drop. Reuters | October 7, 2022 | 9:27 am
Tycoon faces key vote for plan to tap Vedanta cash reserves The group’s rapid expansion including acquisitions of metal companies has left it with an $11.7 billion debt load as of March. Bloomberg News | October 7, 2022 | 9:17 am
LME seeks market opinion on possible Russian metal ban The world's largest and oldest metals exchange highlights three options and requests feedback by market participants by Oct. 28. Reuters | October 6, 2022 | 12:51 pm
Zinc and aluminum prices rise as LME bans new metal from Russian firm Prices climbed after the London Metal Exchange said it will restrict new deliveries from Russia’s Ural Mining & Metallurgical Co. Bloomberg News | October 6, 2022 | 8:23 am
Banning Russian aluminum would create uncertainty about LME’s role – Rusal Rusal, the world's largest aluminum producer outside China, is expected to account for 6% of global supplies of the metal this year. Reuters | October 5, 2022 | 9:20 am
Alcoa urges LME not to accept Russian metal to avert ‘crisis’ What will happen to Russian metal is one of the hottest topics of debate among traders. Bloomberg News | October 4, 2022 | 2:17 pm
Column: London Metal Exchange ducks Russian sanctions pressure It's clear the LME isn't going to be rushed into any decision on whether to continue accepting Russian metal against its contracts, writes Andy Home. Reuters | October 4, 2022 | 7:46 am
Demand for aluminum slows in another sign of troubled economy Makers of everything from automobiles to beverage cans to kitchen appliances are holding off booking next year’s aluminum orders. Bloomberg News | October 1, 2022 | 7:00 pm