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Glencore to stay focused on value over volume, CEO says
Global commodities miner-marketer Glencore will continue to take a disciplined approach to ensuring that it does not overproduce at a time of declining demand for some materials, the company’s chief executive officer has said.
May 28, 2020
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By Andrea Hotter
Insights
NEWSBREAK: South32 locks in annual lead concentrate deal with 21% TC drop
Miner South32 has signed a 2018 annual lead concentrate supply contract with at least one major smelter, which includes a 21.4% drop in headline treatment charges.
April 5, 2018
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By Generic people page
Insights
Trafigura strengthens grip on Nyrstar’s Port Pirie with liquidity bridging loan deal
Trafigura’s rescue package for Nyrstar comes at a price, with the trader taking greater ownership of one of the world’s largest zinc smelter's prized assets in return for helping it bridge a nine-day liquidity crunch.
November 21, 2018
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By Archie Hunter
Insights
Votorantim Metais’ core earnings up by 74% in Q1
Votorantim Metais' (VM) core earnings jumped 74% year-on-year in the first quarter of 2014, on higher aluminium and zinc operating margins and depreciation of the Brazilian real, the company said.
May 21, 2014
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By Generic people page
Insights
LIVE FUTURES REPORT 10/09: SHFE nickel price outperforms with 1.5% gain, others mixed
Base metals prices on the Shanghai Futures Exchange exhibited mixed movements during morning trading on Tuesday September 10 while the complex reacts to global economic growth concerns and China relaxing its monetary policy.
September 10, 2019
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By Sally Zhang
Insights
Vale, New Century fail to reach agreement in Vale NC sale
Vale Canada - subsidiary of Brazilian multi-metal miner Vale - and Australian zinc producer New Century Resources have failed to reach an agreement in the latter’s 95% acquisition of Vale New Caledonia (VNC), the former announced on Tuesday September 8.
September 8, 2020
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By Amy Hinton
Insights
MORNING VIEW: Weakness creeps into LME base metals prices, market not helped by weaker US GDP
With economic growth still deteriorating - the United States’ second quarter gross domestic product (GDP) came in at 2.1%, compared with 3.1% in the first quarter - the markets have little to cheer about this morning, Monday July 29.
July 29, 2019
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By Generic people page
Insights
METALS MORNING VIEW 23/05: Metals stuck sideways; manufacturing PMI data in focus
Three-month base metals prices on the London Metal Exchange were mixed on the morning of Wednesday May 23, with nickel and lead prices down by 0.4% and 1.4% respectively, while copper was off by 0.5% at $6,929 per tonne; aluminium and tin are both up by 0.2% and zinc is up by 0.5%.
May 23, 2018
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By Generic people page
Insights
Recylex share trading resumes after revealing financial requirements for 2019-2021
Recylex’ listing on Euronext Paris resumed at the opening of the stock exchange on Tuesday July 16 after the lead and zinc recycler announced its projected cash requirements for 2019, 2020 and 2021.
July 16, 2019
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By Generic people page
Insights
LIVE FUTURES REPORT 07/09: SHFE base metals prices mixed; possible escalation in US-China trade tensions fuels risk-off sentiment
Base metals prices on the Shanghai Futures Exchange were split into two camps during Asian morning trading on Friday September 7, with copper, zinc and lead edging higher, while the rest were little changed to weaker.
September 7, 2018
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By Hui Li
Insights
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