September 30, 2022

Rusal denies it plans to deliver aluminum into LME warehouses

Some buyers have said they are shunning Rusal's metal, while others are securing price discounts at the same time as the industry negotiates supply deals for 2023.

September 30, 2022

Aluminum price extends gains after record spike on Russia supply fears

Aluminum climbed for a third day following a record 8.5% intraday gain.

September 29, 2022

LME mulling consultation on banning Russian metal

Reuters sources say the exchange was planning to discuss banning new deliveries of Russian metal so its warehouses cannot be used to offload hard-to-sell stock.

September 28, 2022

Alrosa discovers 22 new diamond deposits in Zimbabwe

Alrosa will only be allowed to work on two of the diamond deposits, while the rest will be made available to other investors.

September 28, 2022

Gold price rallies as dollar pulls back

Spot gold climbed 1.7% as the US dollar retreated after scaling a new two-decade high.

September 26, 2022

Transparency International urges EU sanctions on Russian diamonds, Alrosa

More sanctions on individuals - including those involved in organizing Moscow's ad hoc votes in occupied east Ukraine on joining Russia - are also expected.

September 23, 2022

US MINES Act seeks to curb Russia, China grip on critical minerals

California Republican congressman Ken Calvert said America must be "clear-eyed about the Chinese and Russian aggression when it comes to consolidating critical mineral resources.”

September 23, 2022

Column: Russian supply uncertainty weighs on aluminum market

Aluminum traders had seen this movie before back in 2018, when US sanctions on Rusal's owner Oleg Deripaska caused massive upheaval along the entire length of the global supply chain.

September 20, 2022

Russia aluminum giant weighs selling directly on London Metal Exchange

Rusal isn’t under Western sanctions but it’s nonetheless being hit as some big consumers in Europe.

September 20, 2022

China’s spending on Russian energy climbs to record $8.3 billion

The haul for August was 68% higher than a year ago and included a record amount of coal.