Zinc prices led the charge on the London Metal Exchange during the official session on Tuesday July 22, rising 2.5% compared with the previous day.
Former Aluminium Bahrain (Alba) ceo Bruce Hall has told a UK court that he received £2.9 million ($4.9 million) in corrupt payments during his time at Alba.
China’s manganese ore imports were up 20% year-on-year in June as buyers increased purchases after prices hit a bottom in May.
Rio Tinto’s Simon Pelletier is relocating from Montreal to Singapore to handle the miner’s aluminum book in the Asia-Pacific region in the next few weeks.
China’s refined nickel imports rose 8.1% year-on-year in June, as volumes of imported nickel ore continued to fall following the ban on exports from Indonesia.
CHINESE FUNDSWho were the Chinese funds behind copper’s Black Friday? What do they trade? How much are they worth? What gives them their edge? Find out here
Has the Fanya Metal Exchange removed volatility from the minor metals markets?
LORD COPPER: Broad-in-boom BHP Billiton now wants to narrow
Over the last decade or so, the second-best performing major company equity has been BHP Billiton.
HOTTER ON METALS: Banking on the BRICS
Brazil may have been spectacularly defeated in the World Cup, but it scored a winning goal in Fortaleza this week.
HOTTER ON METALS: Going for gold?
With more than a century of history about to draw to a close when the silver fix ends in August, the spotlight is turning to gold.
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Bank limits copper finance after ICBC moves to defer payment against LC
At least one western bank has stopped discount financing of copper into China after Industrial & Commercial Bank of China (ICBC) applied for the right not to settle a letter of credit it issued earlier this year, as a result of the Qingdao investigations, sources told Metal Bulletin.
WEEK-IN-BRIEF: ENRC marketing rights; silver fix; Chinese funds eye zinc; SRB cobalt purchases
It’s been a wild week on the Metal Bulletin news desk. Here, deputy editor Fleur Ritzema wraps up the key stories.
ENRC has held talks with world's top trading firms to outsource marketing
ENRC has held talks with five of the world’s largest metal trading firms to outsource marketing rights to its products in exchange for pre-financing of material, Metal Bulletin understands.
China’s metal funds: where do they come from? And where are they going? [UPDATE]
The founders of the commodity hedge funds in China that seized the attention of the global metal markets in such a dramatic fashion in March had a long history of trading local futures markets in China before they entered the international markets: in copper and in cotton, for example.
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