March 15, 2022

Caterpillar quietly uses Russia as shipping route after pullback

Caterpillar continues to use Russia as a supply-chain route, even after the company said it had suspended business with the country.

March 15, 2022

Russians buy up gold to salvage savings after ruble collapse

Increasing household demand for physical gold prompted Bank of Russia to halt its purchases from banks to ensure there’s enough supply for local buyers.

March 12, 2022

Norilsk cleared to pay debt in foreign currency, Potanin says

Russia's Ministry of Finance has cleared Norilsk Nickel to pay off its foreign debts in currencies other than the ruble.

March 12, 2022

With 4,000 staff in bunkers, Ukraine’s steel mills are a war zone

In normal times, Metinvest Holding LLC is all about making and selling steel. But these are not normal times inside Ukraine.

March 12, 2022

Russia’s Nornickel has new routes for palladium supplies – Potanin says

Nornickel is not yet considering moving to new markets from its traditional ones but does have plans in place.

March 10, 2022

Uranium price spikes over Russia supply fears

Spot price jumps to over decade high as Sprott's physical trust continues to mop up inventory overhang.

March 10, 2022

Sanctioned Russian nickel could slow global EV adoption – report

Sanctions placed on Russian nickel will cause EV manufacturing prices to increase further, threatening adoption and decarbonization, says GlobalData.

March 9, 2022

Russia’s Ukraine invasion to fuel reorientation of commodity markets – report

While the attack on Ukraine has caused a price spike in a broad array of commodities, Russia’s share of metals supply is greatest for uranium and palladium. 

March 8, 2022

US ban on Russian energy imports does not include uranium

The US power industry relies on Russia and its allies Kazakhstan and Uzbekistan for roughly half of the uranium powering its nuclear power plants.

March 8, 2022

Nickel short seller could take $8 billion hit after price soars past $100,000 a tonne

A massive squeeze pushed nickel prices up by as much as 250%, the most extraordinary surge in the 145-year history of the LME.