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

The top 50 biggest mining companies in the world

Despite gold's price slump, strong copper and iron ore prices lifted MINING.COM's ranking of the world's 50 most valuable miners to a new record high of $1.35 trillion.

MINING.com Editor | October 5, 2024 | 2:59 am

Iron-rich volcanoes may hold vast rare earth reserves, study finds

Rare earth element concentrations could be nearly 200 times higher than those found in silicate-rich melts.

Staff Writer | October 4, 2024 | 9:07 am

Copper smelters warn of closures as crunch talks get underway

A wave of new smelter investments in China and elsewhere has left plants in growing competition to find enough ore to feed their furnaces.

Bloomberg News | October 4, 2024 | 8:02 am

Asia Gold: Festivities spark slight demand in India; China on holiday

Indian jewelers unsure about festive demand - dealer.

Reuters | October 4, 2024 | 6:53 am

China files appeal to WTO on Canada’s tariffs on EVs, metal products

Canada began imposing on Tuesday a 100% levy on EVs shipped from China, having also announced in late August a 25% tariff on Chinese steel and aluminum products.

Reuters | October 3, 2024 | 3:07 pm

Chinese delegates jolt LME week with their newfound optimism

For the last couple of years, the biggest consumer and producer has been a buzzkill for metals bulls.

Bloomberg News | October 3, 2024 | 9:53 am

First

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China opens up copper blending business to private firms

Global Lithium raises alarm over potential foreign takeover

Huayou seeks $2.7 billion for Ford-backed Indonesia nickel plant

China’s central bank pauses gold purchases for sixth straight month

China’s steel demand shifts to higher grade ore, Rio Tinto exec says

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