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Titanium: Bombardier gets an exemption from Canadian ban on Russian material
Bombardier became the latest aircraft manufacturer to obtain an exemption from Canadian sanctions on Russian titanium, as Canada defended its decision to grant a partial reprieve from recent measures imposed over the war in Ukraine. On Tuesday, Airbus had obtained an...
Iron ore: Anglo American’s production increased by 9.4% in the first quarter
British mining company Anglo American announced its production results for Q1 of this year. In the first quarter, the company's iron ore production was unchanged from the previous quarter and increased by 9.4 per cent year-on-year to 15.1 million tonnes. During the...
Aluminium: LME moves to block sanctions-based rule round
The London Metal Exchange (LME) moved on Tuesday to stop traders from taking Russian aluminium from its approved warehouses and returning it later to take advantage of rule changes to comply with new sanctions. Earlier this month, the US and Britain banned the LME...
Copper: Yangshan premium close to 0
The 'Yangshan Copper Premium - China' is a key indicator of Chinese demand, and has just dropped close to 0, another indication that global prices are not in balance with what buyers in the larger market are willing to pay. Premiums paid for imported refined copper...