Get real: Copper price record was 56 years ago

According to company estimates, South Crofty has the fourth-highest-grade tin mineral resource globally.

Nornickel intends to remain a "reliable supplier of products" and will continue to fulfil all its contractual obligations, said the company.

Backed by US private equity investor Amerocap, Verde aims to break Europe's reliance on Chinese imports of magnesium metal.

A new analysis by Ember finds that German coal mines spew 184 times more methane than what the country reports to the UN.

The development by Adriatic Metals is the first such mine to open in Europe in over a decade.

It is a second lawsuit Sberbank has filed in Russia against Glencore over unpaid fuel supplies.

Aluminum jumped as much as 9.4% as the market opened, the most since the current form of the contract was launched in 1987.

The sanctions now leave the Shanghai Futures Exchange as the only major commodities bourse in the world to accept Russian shipments.

Goldman Sachs also said it did not expect an immediate supply shock.