Steel buyers demand huge discounts from Russian producers

The country’s producers have seen their options dwindle as sanctions choke sales to the key European market.

Bloomberg News | May 27, 2022 | 11:15 am

China drags down entire industrials metals complex – report

Iron ore bucks the metals price doldrums as China GDP growth slows.

Henry Lazenby | May 27, 2022 | 9:47 am

Rusal calls strike at Guinea bauxite mine ‘illegal’

The workers at COBAD are demanding better working conditions and a salary increase.

Reuters | May 26, 2022 | 8:04 am

Jamaica says Rusal making consistent payments on tax bill

Rusal has paid about 45% so far of a $35 million bauxite production levy that it owes Kingston.

Reuters | May 23, 2022 | 10:24 am

Metals traders ‘self sanction’ key Russian palladium, disrupting markets

Traders are concerned about getting stuck with Russian-branded bars if they are unable to sell them.

Bloomberg News | May 23, 2022 | 9:09 am

Nornickel cuts estimate of 2022 global palladium deficit

It expects a global palladium market deficit of 100,000 ounces and a global nickel market surplus of 37,000 tonnes in 2022.

Reuters | May 23, 2022 | 8:39 am

Africa’s domestic mining sector not severely impacted by sanctions against Russia – report

The Economist Intelligence Unit says Russian mining activities in Sub‑Saharan Africa will be impacted by sanctions but without having a serious negative impact on domestic mining sectors.

Valentina Ruiz Leotaud | May 22, 2022 | 11:55 am

China spent over $6 billion on Russian energy imports in April

Purchases of oil, gas and coal jumped 75%.

Bloomberg News | May 20, 2022 | 12:18 pm

Arconic to sell Russian operations, take $500 million charge

The Pittsburgh-based aluminum-sheet manufacturer said the conflict in Ukraine has made its operation in Russia untenable.

Bloomberg News | May 19, 2022 | 3:25 pm

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Headwinds mount in quest for stable copper supplies

Ailing Chinese copper giant announces tie-up to help debt crisis

The race to ditch Russian uranium starts in New Mexico’s desert

No new Novelis deals to buy Russian aluminum since Ukraine war

Race for moon resources has begun, says Russia’s space chief after failed lunar mission

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