Glencore bought aluminum from Rusal worth $1.06bn in 2023The current contract between the parties expires in 2024.Reuters | April 26, 2024 | 8:09 am
Metso to deliver copper smelter to Almalyk MMC, UzbekistanThe planned production capacity of the new copper smelter is…Staff Writer | April 25, 2024 | 11:14 am
Eurasian Resources denies circumventing Congo subcontracting lawsCongo's government last week accused ERG of passing off subcontracting…Reuters | April 24, 2024 | 10:56 am
LME faces fresh worries about Russian metal after UK sanctions Any move by the US or EU to follow the UK’s sanctions on metals trading would likely force the LME’s hand. Bloomberg News | December 15, 2023 | 12:23 pm
Plummeting platinum group prices could worsen shortage — report PGM prices have fallen by 42% this year and could widen a supply deficit if unprofitable mines are sidelined. Colin McClelland | December 15, 2023 | 8:00 am
New sanctions bar UK entities from trading most Russian metals Prices of metals produced by Russia surged as panicky traders struggled to understand how widespread the impact of the measures would be. Bloomberg News | December 15, 2023 | 6:41 am
Palladium price surges 12% as UK sanctions target Russia metals Palladium is headed for its biggest gain since March 2020. Bloomberg News | December 14, 2023 | 9:44 am
US sanctions Russian metals magnate Sviblov and gold, zinc firms The Ozernoye mine had drawn the attention of traders including Trafigura Group and Open Mineral. Bloomberg News | December 12, 2023 | 2:14 pm
US House approves Russian uranium import ban The Prohibiting Russian Uranium Imports Act would bar Russian uranium imports 90 days after enactment while allowing a temporary waiver until January 2028. Bloomberg News | December 11, 2023 | 3:11 pm
Polymetal shareholders approve second plan to exchange for Astana-listed shares The proposal, which affects around 14% of share capital, was approved at the company's general meeting on Dec. 8. Reuters | December 11, 2023 | 9:38 am
ArcelorMittal sells Kazakh assets for $286 million The Kazakhstan government's involvement in the deal ensured a lower price for the assets. Reuters | December 8, 2023 | 9:39 am
Aluminum group calls for EU to go much further on Russian bans In the first nine months of 2023, the EU imported almost 500,000 metric tons of Russian aluminum worth $1.37 billion. Reuters | December 8, 2023 | 6:19 am