Mercuria Energy Trading has started a metals trading joint venture with Democratic Republic of Congo’s Gécamines SA to market copper and cobalt the country gets from equity stakes in local mines.
Base metals from copper to aluminum are coming under sustained pressure as demand concerns, high interest rates and fraught geopolitics batter markets that began the year in an optimistic mood. Metals ...
Zinc reached its highest since 2007 and aluminum surged to a fresh record, as industrial metals extended a rally fueled by trade turmoil and the increasing economic isolation of Russia. Prices for ...
Base metals sank as fresh fears over property turmoil in China gripped markets despite news that China may unleash another round of stimulus. All six major base metals fell on the London Metal ...
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Russia is in talks with metals companies to set prices for domestic clients below market rates for some period, three people familiar with situation said, as the country braces for a sanctions-induced ...
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