December 15, 2023

LME faces fresh worries about Russian metal after UK sanctions

Any move by the US or EU to follow the UK’s sanctions on metals trading would likely force the LME’s hand.

December 15, 2023

Plummeting platinum group prices could worsen shortage — report

PGM prices have fallen by 42% this year and could widen a supply deficit if unprofitable mines are sidelined.

December 15, 2023

New sanctions bar UK entities from trading most Russian metals

Prices of metals produced by Russia surged as panicky traders struggled to understand how widespread the impact of the measures would be.

December 14, 2023

Palladium price surges 12% as UK sanctions target Russia metals

Palladium is headed for its biggest gain since March 2020.

December 12, 2023

US sanctions Russian metals magnate Sviblov and gold, zinc firms

The Ozernoye mine had drawn the attention of traders including Trafigura Group and Open Mineral.

December 11, 2023

US House approves Russian uranium import ban

The Prohibiting Russian Uranium Imports Act would bar Russian uranium imports 90 days after enactment while allowing a temporary waiver until January 2028.

December 11, 2023

Polymetal shareholders approve second plan to exchange for Astana-listed shares

The proposal, which affects around 14% of share capital, was approved at the company's general meeting on Dec. 8.

December 8, 2023

ArcelorMittal sells Kazakh assets for $286 million

The Kazakhstan government's involvement in the deal ensured a lower price for the assets.

December 8, 2023

Aluminum group calls for EU to go much further on Russian bans

In the first nine months of 2023, the EU imported almost 500,000 metric tons of Russian aluminum worth $1.37 billion.

December 7, 2023

Arras Minerals joins forces with Teck to explore critical minerals in Kazakhstan

Teck made its first investment into Arras last November by acquiring a 9.9% stake.