Bern has agreed to adopt the 12th round of sanctions implemented by the EU in December.

The latest UK sanctions on Russia are creating new fault lines across the global metals world.

A claim by Potanin's ex-wife to a share of his stake in Nornickel can continue in court, despite the businessman winning an appeal.

Russian and Chinese companies were among interested buyers.

Polymetal International is seeking to sell its Russian assets, which were sanctioned by the US in 2023.

The miner said it was hit by adverse geopolitical risks and postponed furnace repairs, following a drop in production in 2023.

A $840-million coking plant in the steel town of Magnitogorsk is being built by a Chinese engineering giant and hundreds of Chinese workers.

Prices rose as much as 3.6% on the London Metal Exchange.