* Premium for cash over 3-month LME contract hits 18-month
* Jinchuan to submit proposal to sell cobalt to China
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.
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.
* Premium for cash copper over 3-month narrows
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.
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 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.
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.
* LME copper stocks down more than 50% since May