The Democratic Republic of Congo's state miner is broadening a push to extract more from its copper and cobalt joint ventures, seeking to negotiate for higher stakes across the board to gain leverage in management of some of its biggest mines.
Congo state miner Gecamines said it has made a firm proposal to buy some of Eurasian Resources Group's copper and cobalt assets in the country in a bid to claw back projects owned by partners and build reserves in metals key to the green transition.
Consumers can't yet bank on a year of cheaper food, despite predictions for bulging grain crops in the United States and other major global producers that have dragged futures prices back from last year's record highs.
Credit Agricole <CAGR.PA> has resigned from the London Metal Exchange (LME) - the world's largest metals market place - with immediate effect, the exchange said on Tuesday.
Western world unwrought aluminium stocks fell to 1.409 million tonnes at the end of May, compared with a revised 1.410 million in April, industry data showed on Friday.