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ArcelorMittal changes its decision on the ownership of Acciaierie d’Italia
According to local media reports, steelmaker ArcelorMittal has announced that it will change its decision on the ownership of Acciaierie d'Italia (ADI), becoming a minority shareholder in the company. 'We are ready to become a strategic partner with a minority stake...
Global inventory of the world’s mines needed
The lack of a comprehensive inventory of the world's mines and the absence of reliable data on various aspects of mining operations hamper sustainability efforts, says a recent commentary published in the journal Nature. In the article, Victor Maus, a researcher in...
London Metal Exchange recovers from nickel crisis
The London Metal Exchange (LME) is showing signs of a full recovery after the 2022 nickel debacle. Average daily volumes reached 710,000 lots in December, up 54 per cent year-on-year and the strongest monthly trading activity since March 2020. Volumes in November and...
Aluminium: US market looks to 2024 for recovery in demand
After a year of low demand and lingering uncertainty, US aluminium market participants expect a recovery in 2024. Many expect to see higher premiums, believing that the market has bottomed out in the short term, and are already receiving requests for tonnage in the...