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Nornickel plans to build a PGM refinery in Bahrain
Russian metals giant Nornickel is planning a joint project to build a platinum group metals (PGM) refinery in Bahrain. Nornickel is the world's largest producer of palladium and a major producer of platinum, accounting for 41% and 12% of global mining output...
Carbon: Vietnam accelerates domestic market development to tackle CBAM
Vietnam has accelerated the development of the carbon market by allocating emission allowances to the electricity, steel and cement industries from 2025, making it easier for these industries to cope with the EU's Carbon Border Adjustment Mechanism (CBAM), and...
Cobalt: National Food and Strategic Reserves Administration aims to purchase up to 15,000 tons
China plans to purchase up to 15,000 tons of cobalt metal from local Chinese producers in the coming months for domestic stocks, a record amount for a single purchase. The planned purchase would represent a significant increase since, last year, the National Food and...
Aluminum: Glencore and Rusal extend supply contract
In a move to strengthen their partnership, Swiss trading company Glencore and Russian aluminum giant Rusal have agreed to extend their long-term supply contract until next year. The contract between Glencore and Rusal, the world's largest aluminum producer outside...