With 4,000 staff in bunkers, Ukraine’s steel mills are a war zone

In normal times, Metinvest Holding LLC is all about making and selling steel. But these are not normal times inside Ukraine.

Bloomberg News | March 12, 2022 | 11:34 am

Russia’s Nornickel has new routes for palladium supplies – Potanin says

Nornickel is not yet considering moving to new markets from its traditional ones but does have plans in place.

Reuters | March 12, 2022 | 11:10 am

Uranium price spikes over Russia supply fears

Spot price jumps to over decade high as Sprott's physical trust continues to mop up inventory overhang.

Staff Writer | March 10, 2022 | 11:09 am

Sanctioned Russian nickel could slow global EV adoption – report

Sanctions placed on Russian nickel will cause EV manufacturing prices to increase further, threatening adoption and decarbonization, says GlobalData.

Staff Writer | March 10, 2022 | 10:43 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

US ban on Russian energy imports does not include uranium

The US power industry relies on Russia and its allies Kazakhstan and Uzbekistan for roughly half of the uranium powering its nuclear power plants.

Reuters | March 8, 2022 | 3:17 pm

Nickel short seller could take $8 billion hit after price soars past $100,000 a tonne

A massive squeeze pushed nickel prices up by as much as 250%, the most extraordinary surge in the 145-year history of the LME.

MINING.com Editor | March 8, 2022 | 4:07 am

Copper price retreats after hitting all-time high

Meanwhile, nickel and other metals surged as Western sanctions against Russia disrupted supply from the major producer.

MINING.COM Staff Writer | March 7, 2022 | 9:58 am

Base metals set for best-ever week as war stokes shortage fears

It’s getting increasingly difficult to transport commodities like metals since almost half of the world’s container ships no longer go to Russia.

Bloomberg News | March 4, 2022 | 2:26 pm

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Rusal boosts Asia revenue but Europe remains a key market

Russian aluminum in LME-registered warehouses rises to 81% in July

Polymetal plans to sell Russian assets under sanctions in 6-9 months

Russia to restart buying currency, gold as energy income revives

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