Rio Tinto cuts ties with Russian businesses over Ukraine war

The decision throws into doubt the future of Rio's aluminum joint venture with Rusal and an Irish refinery, key to Europe’s aluminum sector.

Cecilia Jamasmie | March 10, 2022 | 3:45 am

Nickel trade falls silent in throwback to LME’s darkest days

The LME was moving to restore order in a market gripped by a classic short squeeze, driven by a panicky move by the world’s largest nickel producer.

Bloomberg News | March 9, 2022 | 3:29 pm

Uranium mining stocks gain as US weighs sanctions on top Russian supplier

Rosatom is a delicate target because the company and its subsidiaries account for about 35% of global uranium enrichment and has agreements to ship the nuclear fuel to countries across Europe.

Bloomberg News | March 9, 2022 | 3:04 pm

Australia, South Africa miners eye options as Europe makes desperate calls

Prices of palladium, coal and other commodities have skyrocketed since Russia's Feb. 24 invasion of Ukraine, while sanctions on Moscow drive Western consumers to replace Russian supply.

Reuters | March 9, 2022 | 1:06 pm

Nickel price spike “purely financial” but Tsingshan effect could linger

Nickel price plunges in Shanghai following historic short squeeze on Chinese stainless steel giant in London.

Staff Writer | March 9, 2022 | 10:57 am

Russia’s Ukraine invasion to fuel reorientation of commodity markets – report

While the attack on Ukraine has caused a price spike in a broad array of commodities, Russia’s share of metals supply is greatest for uranium and palladium.

Staff Writer | March 9, 2022 | 10:07 am

Russian fuel supply latest headache for Rio Tinto’s giant Mongolia copper expansion

“The reality is, Mongolia has two very big powerful neighbours, so it’s quite important for us to maintain healthy, peaceful, balanced relationships.”

Cecilia Jamasmie | March 9, 2022 | 10:04 am