Edition:
United Kingdom

Pratima Desai

METALS-Demand cheer helps copper hold near 26-month peak

14 Sep 2020

* Premium for cash over 3-month LME contract hits 18-month high (Updates prices)

China aiming to add to its cobalt stockpile -sources

11 Sep 2020

* Jinchuan to submit proposal to sell cobalt to China stockpiler -sources

Exclusive: Tesla in talks to buy low carbon nickel from Canada - sources

11 Sep 2020

LONDON Tesla is in discussions with Canadian miner Giga Metals about helping to develop a large mine that would give the electric carmaker access to low carbon nickel for its batteries, three sources familiar with the matter said.

Exclusive: Commodity trader Traxys to sell Wheaton's cobalt metal, rivalling majors - sources

01 Sep 2020

LONDON Trading firm Traxys has won a tender to sell cobalt metal for Wheaton Precious Metals , two sources familiar with the matter said, in a deal that propels it into the big league to rival the likes of Glencore in the valuable commodity.

METALS-Chinese data helps propel copper to 2-year highs

01 Sep 2020

* Premium for cash copper over 3-month narrows (Updates prices)

Zinc price outperforms, China steel demand a strong tailwind

25 Aug 2020

LONDON A tailwind for zinc demand from booming Chinese steel production has pushed prices of the galvanizing metal to their highest in more than nine months and helped it outperform other metals.

Graphic: Reprieve for molybdenum prices from China's import surge

18 Aug 2020

LONDON/BEIJING An upsurge in Chinese demand and imports of minor metal molybdenum have revitalised prices of the stainless steel ingredient, but a reversal is expected as local production ramps up after disruptions.

London Metal Exchange plans low carbon aluminium platform

13 Aug 2020

LONDON The London Metal Exchange on Thursday outlined plans to support sustainable metal production with a spot trading platform for low carbon aluminium and a register where producers can voluntarily log their metal's carbon-related details.

Stainless surge revives nickel market, but surplus still looms

11 Aug 2020

LONDON Rapidly rising stainless steel production in top consumer China has helped to preserve demand and prices of key ingredient nickel, but analysts still expect a supply overhang of the metal valued for its anti-corrosive properties.

METALS-Copper up on demand hopes, sliding inventories

05 Aug 2020

* LME copper stocks down more than 50% since May (Updates prices)

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