More than half of aluminum in LME warehouses produced in Russia
The exchange has not banned Russian metals from being traded and stored in its system since Moscow invaded Ukraine.
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Kazatomprom sees clients switching from Russia
Some nuclear plants in Europe, which previously sourced uranium from Russia, are seeking contracts from 2025, Kazatomprom CEO said.
Subsidiary of Gecamines secures $75 million to build new unit
STL will produce copper cathodes, cobalt hydroxide, a germanium precipitate, silver concentrate and zinc oxides.
Glencore sweetens offer for Teck with $8.2bn cash incentive
Revised bid gives Teck’s shareholders the option to receive cash plus 24% of the metals unit, instead of exposure to coal and oil.
Copper-based solution captures CO2, stores it in the ocean
An engineering researcher at Lehigh University has developed a novel way to capture carbon dioxide from the air.
Glencore to offer lithium batteries recycling services in Spain and Portugal
It has partnered with waste management services provider FCC Ámbito and Spanish energy firm Iberdrola to offer battery recycling services.
G-7 nations tussle over bid to phase out coal power by 2030
The EU, the US and Japan have expressed reservations about a UK proposal to phase out out domestic coal power generation by 2030.
One of Teck Resources’ top investors backs separation plan
Egerton Capital UK said it will support proposal to separate Teck's base metals and a coal businesses in upcoming shareholders vote.
OZ Minerals gets Vietnam’s nod for its $6.4bn buyout by BHP
The deal still remains subject to other conditions, including approval by OZ Minerals' shareholders, and by an Australian court.
