Orano sees progress developing uranium mine in Mongolia A long-delayed, multi-billion dollar uranium project in Mongolia could start producing the nuclear fuel by 2030. Bloomberg News | October 7, 2024 | 7:03 am
Aluminum market squeeze intensifies amid LME delays and rising costs The market has also been eyeing a large long position in October contracts held by Trafigura Group. Staff Writer | October 7, 2024 | 6:55 am
Copper demand for electric vehicles is intact, trader IXM says EV sales have slowed for reasons including a lack of charging infrastructure and concerns about resale values. Reuters | October 7, 2024 | 6:46 am
Iron ore price rally continues Iron ore rose — adding to two big weekly gains — on speculation China’s top economic planner will unveil more stimulus measures on Tuesday. Bloomberg News | October 7, 2024 | 4:07 am
India’s SAIL ties up with BHP to reduce carbon emissions India's steel industry accounts for 10%-12% of the country's total emissions. Reuters | October 7, 2024 | 3:59 am
Hedge fund Elliott loses appeal against dismissal of LME nickel lawsuit Judge ruled that the extreme price movement was "a once in a generation event" and that the LME acted lawfully in cancelling the trades. Reuters | October 7, 2024 | 3:54 am
Vale temporarily halts operations at Onca Puma nickel plant Vale estimated it to have a preliminary impact of 1,500 to 2,000 metric tons on its fourth quarter nickel production. Reuters | October 7, 2024 | 3:49 am
Costco’s gold bars fly off shelves as bullion prices smash records Costco is the “one bright spot” in the consumer gold-buying market, analyst says. Bloomberg News | October 7, 2024 | 3:21 am
Ghana’s wildcat gold mining booms, poisoning people and nature "It's risky but I just want to survive," said one of the men at the wildcat site in the Prestea-Huni Valley district in western Ghana. Reuters | October 7, 2024 | 1:33 am
