Copper vaulted toward a record in London and nickel spiked nearly 8%, capping a week of big moves in industrial and precious metals markets as bullish investors pile in and bearish bets unravel. 

Rusal said the main victims of such measure would be the European consumers.

Ban aims to curb another revenue stream for Russia.

Anglo will scale back investment in the Yorkshire mine, which employs about 2,000 people from one of the UK’s highest unemployment rate areas.

Anglo American has turned down BHP’s bids twice since April 25, stating the offers continue to considerably undervalue the company.

The cancellations come after more than 600,000 tons of aluminum was delivered into Port Klang in the past week.

Woodsmith, on which the miner announced a $1.7 billion writedown a year ago, has the world's largest known deposit of polyhalite.