CME blocked Istim warehouse after objections from metal traders Market participants raised concerns about a controversial fee increase announced earlier this year by the warehousing company. Bloomberg News | October 11, 2024 | 9:29 am
Russian LME aluminum stocks account for 66% of total in September The share of aluminum of Indian origin rose to 32% from 31%, LME data also showed. Reuters | October 10, 2024 | 10:09 am
Rusal to consider share buyback of up to $155 million The number and repurchase price of the shares have not been determined yet. Reuters | October 9, 2024 | 9:42 am
UK fraud watchdog settles case brought by ENRC for ‘leaks’ during investigation The Kazakh mining group accused Britain's Serious Fraud Office of leaking information about a corruption probe to journalists. Reuters | October 8, 2024 | 11:11 am
Column: Energy transition story rekindles fund interest in metals A potential return of heavyweight investment flows to the sector could be as powerful a price driver as physical supply shortages. Reuters | October 7, 2024 | 9:00 am
Aluminum market squeeze intensifies amid LME delays and rising costs The market has also been eyeing a large long position in October contracts held by Trafigura Group. Staff Writer | October 7, 2024 | 6:55 am
Rusal plans to double Boguchansky smelter capacity by 2030 Rusal, the world's largest aluminum producer outside China, launched the first production line at Boguchansky in 2019. Reuters | October 4, 2024 | 9:06 am
China files appeal to WTO on Canada’s tariffs on EVs, metal products Canada began imposing on Tuesday a 100% levy on EVs shipped from China, having also announced in late August a 25% tariff on Chinese steel and aluminum products. Reuters | October 3, 2024 | 3:07 pm
Chinese delegates jolt LME week with their newfound optimism For the last couple of years, the biggest consumer and producer has been a buzzkill for metals bulls. Bloomberg News | October 3, 2024 | 9:53 am
