Europe Top Stories

Norway’s Aker BP may explore for seabed minerals, CEO says

Norway could become the first country to start commercial deep sea mining if parliament gives the go-ahead to explore the remote Mid-Atlantic ridge.

Reuters | September 20, 2023 | 7:38 am

Alrosa suspends diamond supply for Sept-Oct – India’s trade body

The move aims to avert a supply glut in the…

Reuters | September 20, 2023 | 7:34 am

Veracio acquires Minalyze in $29 million deal

Deal combines Veracio’s AI and analytics solutions and Minalyze’s geological…

Staff Writer | September 19, 2023 | 3:58 pm

Aurubis trims annual forecast further after metal theft

After concluding its metal stocks inventory, Aurubis identified damage amounting…

Reuters | September 19, 2023 | 8:41 am

Trafigura revamps senior leadership, giving energy more weight

CEO and executive director Jeremy Weir is staying in his…

Reuters | September 19, 2023 | 8:37 am

Brokers balk as nickel tycoon seeks to add to LME short position

Tsingshan is talking to brokers about starting to increase its position on the London Metal Exchange as a hedge for its own nickel output.

Bloomberg News | October 24, 2022 | 9:43 am

Rusal files London lawsuit against Potanin over Nornickel pact

Rusal filed a lawsuit alleging that Vladimir Potanin, CEO of Nornickel, is in breach of a decade-old deal.

Reuters | October 24, 2022 | 8:05 am

LME adds artisanal mining to green register, sets 2040 net-zero goal

LMEpassport will now also include standards regarding artisanal mining.

Reuters | October 24, 2022 | 7:03 am

France’s Imerys wants to become leading lithium producer in Europe

Company said results of surveys carried out at its Beauvoir mine allow it to produce 34,000 tonnes of lithium hydroxide for at least 25 years.

Reuters | October 24, 2022 | 6:56 am

De Beers to offer sweeter terms as diamond market shows strain

De Beers has told customers in a memo that it would be doubling the size of its so-called buyback process.

Bloomberg News | October 21, 2022 | 3:21 pm

Rio Tinto seeks pitches from bankers for lithium deals in battery metal foray

Rio Tinto is the only one of the world’s biggest diversified miners looking to start mining lithium.

Bloomberg News | October 21, 2022 | 10:32 am

Aurubis tests ammonia for low-carbon copper product output

Use of ammonia can reduce the amount of natural gas required for the production of copper wire rod by up to 20%, Aurubis said.

Reuters | October 21, 2022 | 9:35 am

LME Week: cocktails, canapés and crises

Trading volumes have been sliding sharply since the nickel blow-out in March and there's lingering uncertainty as to the future of the exchange's iconic open outcry trading ring, writes Andy Home.

Reuters | October 21, 2022 | 8:26 am

Copper faces long-term shortage as demand outruns supply

BHP CEO Mike Henry said the market will be in “a little bit oversupply” in the next few years, before tightening up toward the end of the decade.

Bloomberg News | October 21, 2022 | 8:12 am

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