LME bans Russian-origin metal after UK, US impose new sanctions

The London Metal Exchange (LME) on Saturday banned from its system Russian metal produced on or after April 13 to comply with new US and UK sanctions imposed for Russia’s invasion of Ukraine.

BMO drops anti-coal policy amid Wall Street rebuke of ESG

BMO Bank quietly dropped its policy restricting lending to the coal industry in late 2023, helping it avoid being labeled an energy “boycotter” in West Virginia.

BMO drops anti-coal policy amid Wall Street rebuke of ESG

BMO Bank quietly dropped its policy restricting lending to the coal industry in late 2023, helping it avoid being labeled an energy “boycotter” in West Virginia.

Ferrexpo hit with corporate rights restrictions for Ukraine subsidiaries

Iron ore pellet producer Ferrexpo said a court has prohibited the transfer of ownership and other shares-related corporate rights of the company’s subsidiaries in Ukraine.

Share of Russian aluminum in LME warehouses rises to 90% after UK curbs

Mining News Pro - The share of available aluminum stocks of Russian origin in London Metal Exchange-approved (LME) warehouses rose to 90.4% in December from 78.8% in November, data on the exchange’s website showed on Wednesday.

Russia’s Lukoil, Norilsk Nickel cooperate on oil and gas project

Mining News Pro - Russian mining giant Norilsk Nickel and oil company LUKOIL are in the process of creating a large oil and gas project, the daily Kommersant reported on Tuesday.

Centamin grows Sukari gold reserves for third straight year

Mining News Pro - Egypt-focused Centamin has managed to grow its mineral resource and reserve base at its Sukari gold mine for the third year in a row.

LME faces fresh worries about Russian metal after UK sanctions

Mining News Pro - New UK sanctions on Russian metals have caused confusion among traders and raised fresh worries that the London Metal Exchange could be overwhelmed by a glut of unwanted Russian aluminum.

Palladium price surges 12% as UK sanctions target Russia metals

Mining News Pro - Palladium headed for its biggest gain since March 2020 as the UK government targeted Russian metals — but not palladium — with new sanctions.

US, UK make progress on critical minerals agreement

Mining News Pro - US Trade Representative Katherine Tai said “significant progress” was made on a US-UK critical minerals agreement in talks on Saturday in Japan.

Centamin unveils new mine plan for Sukari targeting over 500,000 oz. gold per year

Mining News Pro - Egypt-focused Centamin has published a new, more ambitious plan for the Sukari gold mine.

UK risks losing out to Europe in hydrogen energy race

Mining News Pro - In 2021, the UK set out a bold ambition to become a ‘global leader in hydrogen’ by 2030. Two years later, delivery is falling short and it’s dropped behind European rivals jostling for a piece of the market.

US, UK and partners working on 15 critical minerals projects

Mining News Pro - The United States and partners are working on 15 projects to secure supplies of critical minerals needed for electric vehicles and the energy transition, a senior US official said on Thursday.

Juukan Gorge rehabilitation in progress

Mining News Pro - The Puutu Kunti Kurrama and Pinikura (PKKP) Aboriginal Corporation has established a committee to communicate with Rio Tinto about the desired rehabilitation of Juukan Gorge.

South Africans call for UK to return diamonds set in crown jewels

Mining News Pro - Some South Africans are calling for Britain to return the world’s largest diamond, known as the Star of Africa, which is set in the royal sceptre that King Charles III will hold at his coronation on Saturday.

Glencore hit by fresh bribery-related lawsuit in the UK

Mining News Pro - Glencore is facing a fresh lawsuit in the UK related to alleged losses to shareholders resulting from the mining and commodities trader’s involvement in bribery.

US seeks critical mineral pacts with Japan, UK to curb China

Mining News Pro - The US government is exploring narrowly focused trade pacts on critical minerals with Japan and the UK, in addition to talks with the European Union, the latest salvo in its push to counter Chinese influence in key sectors, officials familiar with the matter said.

UK grid asks coal reserve to prepare as cold snap looms

Mining News Pro - The UK’s grid operator asked one coal-fired power unit to be ready to generate power as it seeks to boost electricity supplies during a cold snap.

UK university, Bolivian government join forces to boost lithium industry

Mining News Pro - The University of Warwick and the Bolivian Government have joined forces to collaborate on lithium battery research with the goal of backing the South American country’s efforts to become a world leader in renewable energies and electric vehicles.

Destroyed Ukrainian Energy Grids Impact Steel Production

Mining News Pro - Many Russian offensive measures have targeted the Ukrainian energy network.

UK proposes measures on stainless steel from India be removed

Mining News Pro -The UK TRA has proposed that countervailing measures on Stainless Steel bars and rods from India be revoked.

UK proposes measures on stainless steel from India be removed

Mining News Pro -The UK TRA has proposed that countervailing measures on Stainless Steel bars and rods from India be revoked.

UK, South Africa seek deeper cooperation on critical minerals

Mining News Pro - South Africa is responsible for 60% of the global manganese supply, 75% of the platinum supply and 40% of the palladium supply. It also produces or has the potential to produce, vanadium, nickel, cobalt and rare earth elements.

Centamin to up Sukari mining rate by 31% with underground expansion

Based on a report by Australian consultants Entech, Sukari’s capacity has the potential to reach 1.5 million tonnes per annum (Mtpa) of total ore mined. This represents a 31% increase from the current life of mine average of 1.1Mtpa.

EV battery hopeful Britishvolt holds talks on UK site sale as outlook dims

Mining News Pro - The UK’s push to develop a homegrown electric-vehicle battery giant is under threat as three-year-old Britishvolt Ltd. discusses a sale of its main factory site, according to people familiar with the matter.

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