Fund manager Elliott Associates is seeking US$456 million in damages from the London Metal Exchange (LME) following the suspension and cancellation of nickel trades after a massive short squeeze in March on the platform owned by Hong Kong Exchange ...
Highlights: Britain's steel sector needs to urgently transition to newer technologies to reduce the greenhouse emissions, a new report has warned. EAC has warned that the British government's initiatives to reduce carbon emissions 'lack ambitio...
Highlights The energy and resource sector is under pressure due to the economic slowdown in the country. Investors are cautious of investing in the sector due to its highly speculative nature. When it comes to investing in stocks, investor...
Highlights Anglo-Russian miner Polymetal has started assessing a range of options to provide its shareholders with the maximum possible gains. The group is considering a demerger of its Kazakh mines to protect its international business from th...
Precious metals, like silver and gold, are considered safe-haven investments when the market volatility is high. After its value went down by 11.6% in 2021, silver has bounced back recently, mainly due to the Russia-Ukraine crisis as well the risin...
Commodities prices are soaring in the wake of Russia’s invasion of Ukraine and tougher sanctions imposed on Russia, which are increasing concern that it will disrupt the global supply chain and will threaten the global transition to e...
Industrial metals prices rose new high on 7 March as tougher sanctions on Russia after its invasion of Ukraine threatened to disrupt the supply of commodity exports, besides soaring energy prices. Russia is a major global exporter of commodities, ...
The Russia-Ukraine war is intensifying every day with no truce in sight yet. The abrupt crisis has led to a decline in global stock markets. Investors are worried that the economic sanctions imposed on Russia, like blocking some Russian banks from ...
The positive momentum in industrial metal prices continues in the new year. The economic recovery after the Covid-19 pandemic boosted the demand for metals in 2021, resulting in multi-year highs for many metals. However, the fear of reduced metal s...
Highlights BHP Group Plc announced a record US$7.6 billion dividend payout, equivalent to a 78% payout ratio as it looks to increase its exposure to energy transition metals. The global resource company recorded underlying attributable profit f...