Browsing: metals

LONDON: The London Metal Exchange has approved the Red Sea port city of Jeddah in Saudi Arabia as a warehouse delivery point for copper and zinc, it said on Monday.

According to the company’s department director Mikhail Borovikov, traditionally Norilsk Nickel have never supplied the metal to the exchange and tried to make 99% of sales to end users

SINGAPORE – Asian shares hit two year highs while copper and gold struck records on Monday as investors wagered on interest rate cuts around the corner and China stepping up efforts to steady its ailing property sector.

RIYADH: Saudi Arabian Mining Co., also known as Ma’aden, has announced that it has completed the 10 percent acquisition of…

Three-month copper on the London Metal Exchange was up 1.3% at $9,990 a ton in official open-outcry trading after peaking at $10,033.50 for its highest since April 2022

The Canadian government has allowed Airbus to use Russian-produced titanium in its manufacturing processes despite being the first Western state to sanction the strategic metal.

Three-month copper on the London Metal Exchange was 0.8% higher at $9,547 per metric ton as of 1158 GMT, reversing Tuesday declines caused by slower-than-expected China’s industrial output growth

Washington has banned the import of Russian-origin aluminum, copper, and nickel into the US, and coordinated with the UK to crack down on the trade of these metals on global exchanges.

Copper prices held steady in London on Thursday against a backdrop of dollar strength and uncertain demand prospects in top metals consumer China.

Congo has been reeling in Peru’s No. 2 copper spot over recent years, with flagging mining investment in Peru linked to red tape and recent political turmoil and protests