Hedge fund manager shifts focus to red metal after bullish oil bets backfired last year
BHP has another week to convince Anglo’s board on the merits of its £39bn deal
Hedge funds and other traders close negative bets and add to bullish positions
Plans to bring in carbon tax a year after EU will see shipments ‘diverted’ to Britain, industry says
Industrial metal critical in electric vehicle batteries climbs almost 7%
Bulls will grow stale waiting for more hopeful data
Short sellers cover negative bets as gap between US and UK prices hits largest on record
Minas Gerais deposits of the mineral are turning a once forlorn region of the state into a prospecting hotspot
US research highlights Chinese involvement in metal’s production
Report shows second year of deficit as miner Anglo American rejects rival BHP’s offer that includes plan to spin off platinum assets
Amid BHP approach for Anglo, prolific dealmaker says consolidation does not guarantee more production
New mines are needed to meet the world’s demand for the essential red metal
As building mines gets harder, the time needed to produce cash flows is daunting
The UK-listed miner has rejected an approach from BHP, but other bidders could emerge
Deal is latest acquisition by ‘Czech Sphinx’ who is also seeking to buy Royal Mail’s parent company
Decision will result in up to 2,800 job losses at Britain’s biggest producer of the commodity
Legal & General and Abrdn criticise offer as undervaluing UK-listed miner
Any deal would need South African government’s approval while cost savings are another issue
Vladimir Potanin says metals group will start production in China from 2027 due to difficulties in international payments
Future of South Africa’s Phalaborwa site may depend on strength of Washington’s support
UK struggling to reach state aid agreement with Chinese-owned company 18 months after plea for £500mn support package
UK and US measures ban delivery of new Russian-origin metals to LME and CME
Horizonte Minerals looking at sale of Brazilian nickel mine as investors fear Indonesia is flooding the market
Miner’s future is not nearly as anaemic as it may seem
Unite says 1,500 of its members have backed industrial action over Indian steelmaker’s plan for south Wales operations