Europe Top Stories

TIMELINE – LME’s nickel crisis: major developments since trading halt

Exchanges are in an uncomfortable wait for the outcome of a lawsuit by two financial firms against the LME.

Reuters | June 23, 2023 | 8:33 am

Palladium price in retreat on EV prospects, growth risks

Palladium could extend this year's near 30% price decline as…

Reuters | June 23, 2023 | 8:29 am

GRAPHIC: More zinc mine suspensions loom if prices stay below $2,400/t

Weak demand from the construction industry has pushed zinc prices…

Reuters | June 23, 2023 | 8:22 am

Unusual financing model to back Sweden’s largest solar park

The Hallstaviks solar park, Sweden’s largest, will be the country’s…

Staff Writer | June 23, 2023 | 6:06 am

UK regulator was missing in action at start of nickel crisis, filings show

As nickel prices surged and for hours after a large…

Bloomberg News | June 22, 2023 | 4:21 pm

Latest Stories

Germany warns of Lehman-like contagion from Russian gas cuts

Germany warned that Russia’s moves to slash Europe’s natural gas supplies risked sparking a collapse in energy markets.

Bloomberg News | June 23, 2022 | 12:09 pm

German utilities prepare to turn on coal plants amid gas crisis

European powerhouse Germany is in the middle of one of its biggest energy crises in recent times as Russia reduces gas supply through Nord Stream, the biggest pipeline to the region.

Bloomberg News | June 23, 2022 | 9:41 am

New squeeze hits London metal market with zinc spreads spiking

The premium for spot zinc over futures spiked on Thursday to the widest since 1997.

Bloomberg News | June 23, 2022 | 9:32 am

Swiss gold refiners say they didn’t import mystery Russian metal

Over 3 tons of gold -- worth about $200 million -- was shipped from Russia to Switzerland in May, almost all of which was marked as being for refining.

Bloomberg News | June 23, 2022 | 9:27 am

LME appoints consultancy to review chaotic nickel suspension

The exchange suspended nickel trading on March 8 after prices spiked by more than 50% to hit $100,000 a tonne.

Reuters | June 23, 2022 | 8:20 am

Tesla and Volkswagen square off in duel for electric-car dominance

Tesla delivered more than 936,000 EVs worldwide last year, while VW sold some 453,000 fully electric cars.

Bloomberg News | June 23, 2022 | 8:03 am

Polymetal expects silver to account for less than 5% of 2022 sales

The company has not been directly targeted by Western sanctions imposed on Moscow after it sent thousands of troops into Ukraine on February 24.

Reuters | June 23, 2022 | 7:34 am

Who’s still buying fossil fuels from Russia?

Despite looming sanctions and import bans, Russia exported $97.7 billion worth of fossil fuels in the first 100 days since its invasion of Ukraine.

Visual Capitalist | June 22, 2022 | 3:25 pm

Umicore plan to double down on battery business knocks almost $1bn off market cap

The Belgian company presented a 5 billion euro plan to bulk up its battery materials business by 2026.

Reuters | June 22, 2022 | 10:14 am

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