Unbiased AI-powered news
9 stories related to this topic, newest first.
ndtv.comLondon Metal Exchange copper prices increased 0.4 percent to $13,541 per metric ton. Tight physical supplies in China offset concerns over renewed U.S.-Iran tensions through stockpiling and higher premiums.
oneindia.comIndia has requested relief from upcoming European Union restrictions on metal scrap exports. Steel and aluminum producers say the curbs could reduce supplies and raise costs.
TechCrunchThe startup secured a Series A round led by Voyager Ventures to expand its energy-efficient metal alloying process. Multiple investors joined the round, including Yamaha Motors and Kanematsu Corporation.
indianexpress.comCME Group will extend its 1-Ounce Gold futures to round-the-clock trading on July 26 and introduce a new 10-barrel WTI Crude Oil contract with 24/7 access on August 30.
japantimes.co.jpCentral Asia Metals PLC agreed to buy Cygnus Metals Limited through an Australian scheme of arrangement. The transaction values Cygnus at A$232 million and adds the Chibougamau copper-gold project in Québec to CAML's portfolio.
manilatimes.netAult Global Commodities, a unit of NYSE-listed Hyperscale Data, chose The Wyoming Reserve to store and vault 10,000 ounces of silver. The agreement was announced June 1 from Las Vegas.
benzinga.comSilvercorp Metals reported revenue of $126 million and operating cash flow of $133 million for the third quarter of fiscal 2026. The company recorded a net loss due to a non-cash charge but posted adjusted net income of $47.9 million.
japantimes.co.jpAluminum prices on the London market have increased nearly 17 percent since the beginning of the U.S.-Iran conflict. Traders cite Middle East smelter outages, shipping concerns at the Strait of Hormuz, and potential production limits in China.
forbes.comAlcoa is reporting benefits from rising aluminum prices despite production cost pressures. The company is redeeming debt and investing in a Norwegian smelter while maintaining its 2026 production guidance.