China Molybdenum Co will take direct control of metals trader IXM in a $495-million buyout of a fund it set up to originally purchase the firm from Louis Dreyfus, according to a notice issued on the Hong Kong Stock Exchange on Tuesday December 4.

Some progress at the Group of Twenty (G20) summit on US-China trade has given the three-month base metals prices on the London Metal Exchange a boost, up by an average of 1.4%.

The latest news and price moves to start the Asian day on Friday November 30.

PT Smelting has declared force majeure and canceled copper concentrate supply shipments to its Gresik smelter in Indonesia, co-owner Mitsubishi Materials Corp told Fastmarkets on Wednesday November 28.

The latest news and price moves to start the Asian day on Wednesday November 28.

The refined tin market, worth around $7.5 billion per year, could be in a position to benefit from a glut of technological applications over the next decade.

The London Metal Exchange is planning to launch a lithium contract in the second half of 2019 to meet growing demand from the electric vehicle industry, Fastmarkets learned during Asia Copper Week in Shanghai.

Russian copper and nickel producer Norilsk Nickel unveiled plans to expand its nickel and copper production by 15% over seven years in a presentation to investors in London on Monday November 19.

The latest news and price moves to start the Asian day on Tuesday November 20.

The latest news and price moves to start the Asian day on Friday November 16.