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Articles for Lme

America First gives an edge for Novelis in US
1 month, 1 week ago

America First gives an edge for Novelis in US

Live Mint  

Mumbai: The election of Donald Trump as the next president of the US bodes well for aluminium maker Novelis Inc., a top executive of its parent Hindalco Industries Ltd said. “This administration will be good for Novelis, because Novelis produces metal in the US for the US,” said Satish Pai, managing director of Hindalco Industries, the Aditya Birla Group flagship. …

Business India Crore Pai Ebitda Hindalco Aluminium
India considers lithium mining royalty at 3% of LME price- govt sources
1 year, 6 months ago

India considers lithium mining royalty at 3% of LME price- govt sources

Live Mint  

India's federal government plans to fix the rate of royalty that mining companies must pay for extracting lithium at 3% of the prices prevailing at the London Metal Exchange, two government sources said. India's cabinet is expected to consider the proposal of fixing the rate of royalty for lithium mining at 3% of the rates prevailing at LME, they said. …

India Royalty Lithium Rate Sources Lithium Mining Lme
Labour Left plots to force Sir Keir Starmer into softer Brexit stance
2 years, 4 months ago

Labour Left plots to force Sir Keir Starmer into softer Brexit stance

The Telegraph  

Michael Chessum, of the Labour Campaign for Free Movement, said Sir Keir’s Brexit stance was a “total betrayal” of those who elected him as leader. “What the Conservatives have introduced is pretty much as hard as it goes – no Single Market, no customs union, no free movement,” he said. “He very clearly pledged to keep free movement – he …

Europe Labour Free Movement Party Free Starmer Keir
The fragility of contemporary capitalism
2 years, 9 months ago

The fragility of contemporary capitalism

The Hindu  

While the world remains preoccupied with the geopolitical and humanitarian fallout of the Russian invasion of Ukraine, its economic consequences are increasingly a matter for concern. Although the two countries at war account for barely 2.5 per cent of the world’s population, it emerges that the damage to production within their boundaries and the suspension of their trading relationship with …

Markets Ukraine Russia Market Prices Commodity Production
Live updates: Ukraine: Plant staff forced to record address
2 years, 9 months ago

Live updates: Ukraine: Plant staff forced to record address

Associated Press  

The latest developments on the Russia-Ukraine war: LVIV, Ukraine — Ukraine’s energy minister said Russian forces that now control a Ukrainian nuclear plant are forcing the exhausted staff to record an address that they plan to use for propaganda purposes. We need to sit down at the negotiating table, but for honest, substantive talks.” ____ WASHINGTON — The Pentagon said …

Europe London Poland Women United Nations War Dutch
Heavy metal: Aluminum hits record, nickel jumps to 11-year high
2 years, 9 months ago

Heavy metal: Aluminum hits record, nickel jumps to 11-year high

Al Jazeera  

Aluminum hit a record and nickel jumped to an 11-year high as traders brace for supply disruptions from Russia — a major producer of both metals — at a time when global stockpiles have already shrunk dramatically. Russia’s United Co. Rusal International PJSC is the biggest aluminum producer outside of China and MMC Norilsk Nickel PJSC accounts for about 10% …

Europe China Russia Metal Aluminum Nickel Lme
Farage's City stomping ground fights to shed its sexist image
3 years, 2 months ago

Farage's City stomping ground fights to shed its sexist image

The Telegraph  

He has also tried to distance the LME from any unofficial parties that might reflect badly on the giant, or wider market. Strip clubs were told in 2019 that they “can’t evoke the LME’s name” to drum up business during its annual gathering. Nigel Farage bemoaned how sterile the City had become in a 2016 Financial Times lunch involving “stag …

Lme
London Metal Exchange traders fear the silencing of the Ring
3 years, 9 months ago

London Metal Exchange traders fear the silencing of the Ring

The Telegraph  

For more than century, it was filled with the sound of traders bellowing prices at each other. But since March last year, the historic open outcry Ring at the London Metal Exchange has been silent. Dealers were sent away from the site’s red leather benches for the first time since the Second World War as the pandemic took hold and …

London Ring Lme Metal Exchange Exchange Traders Metal Exchange Traders