The world’s two biggest metals traders are moving to withdraw large volumes of aluminum from the London Metal Exchange in a complex trade made possible by new UK sanctions on Russian metal, raising questions about unintended consequences from the new rules.
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Glencore and Trafigura’s Sanctions Games Are Draining the LME(Bloomberg) -- The world’s two biggest metals traders are moving to withdraw large volumes of aluminum from the London Metal Exchange in a complex trade made...
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More investors push Glencore to keep coal post-Teck dealExplore stories from Atlantic Canada.
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Deutsche Bank Says Glencore May Consider Switching Listing to USGlencore Plc may consider switching its primary listing from London to New York, analysts at Deutsche Bank AG predicted, in what would be the most high-profile exit from the UK exchange to date.
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Glencore to continue as a global coal mining firmCompany does not expect to divest coal mining properties after acquiring Canadian mining firm Teck Resources
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Russian Metal Hit With Sanctions as US Blocks Deliveries to LME(Bloomberg) -- The US and UK imposed new restrictions on trading Russian aluminum, copper and nickel that will reverberate across global metal markets, in...
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Rusal Fears New Russia Metal Sanctions Put 36% of Sales at RiskRusal, a Russian metal company, is concerned that new sanctions could jeopardize 36% of its sales.
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