HOTLINE: 10 things Metal Bulletin found during an office clear-out

Metal Bulletin has been clearing out its cupboards ahead of a move down the road and, in true mining style, we’ve dug up some real treats.

Metal Bulletin has been clearing out its cupboards ahead of a move down the road and, in true mining style, we’ve dug up some real treats.

Here are a few of our favourite finds.

1. ENRC’s admission prospectus to trading on the London Stock Exchange, dated November 2007.

2. From iron ore pellets to lumps of silicon, the Metal Bulletin team has kept numerous lumps of metals and ores collected during its site trips.

3. Documents dating back to the Hamanaka scandal, and letters to the CFTC about the copper market.

4. Items from a visit to the Rio Tinto mine site in Andalucia, organised by Emed Mining.

5. Record of 1 tonne of Falconbridge cobalt being sold nearby in Japan at $52.50 per lb in March 2008 over the same two days as 30 tonnes of low-grade business was concluded at an average price of $48 per lb.

6. A note from Merrill Lynch asking: “How does financing work?” Prompted by a 24% fall in LME aluminium stocks, the bank asked: “Who owns the metal and how do they make a profit out of holding it? There are a number of large merchant firms and banks who are particularly active and expert in this field.” That was back in August 1998. Plus ca change!

7. A cartoon summing up an earlier year’s TC/RC negotiations.

8. A wall-hanging from China too large for any of the walls in our current or new office.

9. 1 Swedish Krona, 25 Norwegian Kroner, 10 Australian Dollars, 23 Euros, 47 South African Rand, 1 Renminbi, 11 Kazakh Tenge, 160 Liberian dollars, 115,000 Guinean Francs ($67.87 in total).

10. A dozen pairs of shoes and a policewoman’s hat owned by former Metal Bulletin deputy editor Josephine Mason

What to read next
Following a six-week consultation period, Fastmarkets can confirm it will amend the calculation method for all the average functions on the Fastmarkets platform from Wednesday March 1, 2023.
Consolidation, the recycling of electric vehicle batteries, US steel exports and the benefits of sustainable steelmaking were key talking points at Fastmarkets’ Scrap & Steel 2023 conference in Dallas in January
Green shoots of increased demand will emerge in US ferrous markets courtesy of the Biden administration’s trillion-dollar infrastructure package in 2023, Schnitzer’s executive vice president and chief strategy officer Richard Peach said at Fastmarkets’ Steel and Scrap Conference 2023 in Dallas, Texas
US special bar quality steel prices rose in January in line with rising scrap and alloy costs, according to market participants
European metal industry association Eurometaux has called on the European Commission to follow the lead shown by the Inflation Reduction Act and deliver a “powerful” policy to support the industry in the EU while it tries to keep up with the move to a new generation of energy markets
The fallout from Russia’s invasion of Ukraine is changing global trade flows for bauxite, with Brazilian material once again flowing into China and with the introduction of export restrictions elsewhere likely to influence availability through 2023
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.