Glencore and Trafigura’s sanctions games are draining the LME
The world’s two biggest metals traders plan to withdraw the metal to profit from a new multi-tiered system created by the sanctions.
Russia and China trade new copper disguised as scrap to skirt taxes, sanctions
Russian RCC and Chinese firms have avoided taxes and skirted…
Traders are already gaming the new Russian metal sanctions
The opportunity lies in massive piles of Russian metal already…
Nornickel says new Western sanctions raise risk of metals market disruption
Nornickel intends to remain a "reliable supplier of products" and…
Russia may abolish export duty on gold
Russia was in 2022 ranked as the world's second biggest…
