Deep-sea metal rush in doubt as regulatory body meets

Gold prices have fallen 20% since scaling above the key $2,000 per-ounce level in March.

The chairman of EN+ dismissed media reports that Washington is weighing restricting imports of Russian metal.

The DeLamar project spans about 5,300 acres of patented and unpatented claims, comprising the Delamar and Florida Mountain deposits, and War Eagle and BlackSheep districts.

States have been competing to lure companies since at least the Great Depression, but the scale and the ferocity of it now are unprecedented.

The LME is undertaking a three-week discussion process to consider banning new deliveries of Russian supplies.

The US special presidential envoy for climate John Kerry is set to visit Vietnam next week and will travel to Mexico again before the UN climate summit in November.

Separately, Alcoa asked the London Metal Exchange to delist Russian aluminum.

News that the US may target Russian aluminum in retaliation for attacks in Ukraine is sending shivers through the global metals market.

Global aluminum prices soared after news the Biden administration is considering an effective ban on Russian imports of the metal used in transport and construction.