Column: Exchanges diversify as base metals trade shrinks in 2022

Volumes have fallen every month year-on-year since the suspension of nickel trading and the decision to cancel trades.

Reuters | January 19, 2023 | 10:46 am

LME CEO says nickel reforms to be implemented ‘relatively quickly’

Trading volumes at the LME have been slowly declining primarily due to increased competition from the OTC markets.

Reuters | January 19, 2023 | 7:50 am

Molybdenum price in Europe hits record high

"There is zero availability on the ground and some people actually flew some material from China."

Staff Writer | January 18, 2023 | 11:48 am

CHARTS: LME zinc stocks plunge to 1989 low, but Chinese levels rebound

Shutdowns of European smelters due to high power prices have been a key reason behind low LME stocks.

Reuters | January 18, 2023 | 8:03 am

New solution aims to effectively monitor tailings facilities from space

Satellites, earth observation and ground sensors have been combined into one solution for monitoring tailings facilities.

Staff Writer | January 18, 2023 | 6:24 am

BASF, Eramet to finalize $2.6bn partnership on Indonesia nickel smelter

The partnership would build a hydro-metallurgical complex with an output capacity of 67,000 tonnes of nickel and 7,500 tonnes of cobalt per year.

Reuters | January 17, 2023 | 6:08 pm

Greta Thunberg released after brief detention at German coal mine protest

Climate campaigner was detained during protests against the demolition of a village to make way for a coal mine expansion.

Reuters | January 17, 2023 | 3:43 pm

Trafigura plans to take large amounts of LME copper

Copper stocks in LME registered warehouses stand at 83,325 tonnes are already low.

Reuters | January 17, 2023 | 9:54 am

Mega miners are hunting for deals after decade on the sidelines

The industry is flush with cash after last year’s record profits, while boards and managers believe they have the support of key investors after promising to avoid the reckless overspending of the last cycle.

Bloomberg News | January 17, 2023 | 9:39 am

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