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WTO panel rules against Turkey in metals duties dispute with US
GENEVA (Reuters) -A World Trade Organization dispute panel ruled on Tuesday that Turkey should repeal additional duties imposed on the United States in retaliation for U.S. steel and aluminium tariffs, after Ankara’s…
Analysis: China’s metals traders offload stockpiles as bleak demand outlook bites
By Min Zhang and Gavin Maguire BEIJING/SINGAPORE – China’s army of metal processors and traders has flipped from buyers to sellers amid a sharp downshift in economic activity in the world’s top…
Mitsui posts record profit on strong metals, offsetting Russia loss
By Yuka Obayashi TOKYO -Japanese trading house Mitsui & Co Ltd reported a record full-year profit on Monday as soaring metals and energy prices offset a loss from its liquefied natural gas…
Chalco’s net profit hits 14-year high after surge in metals prices
By Min Zhang and Twinnie Siu BEIJING/HONG KONG – Aluminum Corp of China Ltd, known as Chalco, said on Tuesday its net income surged 564.6% in 2021 to log its best performance…
Don’t take Russia back to 1917, Russian metals king Potanin warns
By Guy Faulconbridge LONDON -Confiscating the assets of companies that have fled Russia since the invasion of Ukraine would shatter investor confidence for decades and take Russia back to the calamitous days…
Chile copper giant Codelco profits surge on higher metals prices
By Fabian Cambero and Anthony Esposito SANTIAGO – Pre-tax profits for the world’s largest copper producer Codelco surged to $7.4 billion in 2021 from $2.1 billion a year earlier, boosted by high…
Big miners plug into battery metals joint ventures
By Clara Denina and Zandi Shabalala LONDON – Big miners, under pressure to increase their exposure to minerals needed to drive the electric vehicle revolution, have so far opted for the cautious…
U.S. focused on existing metals talks, Tai tells S. Korean trade chief
By David Lawder and David Brunnstrom WASHINGTON – U.S. Trade Representative Katherine Tai told South Korea’s trade minister on Thursday the United States was focused on “existing conversations” on steel and aluminum…
Los Angeles Man Pleads Guilty to Fraud Charge for $8.3 Million Scam that Claimed Precious Metals Could Be Extracted from ‘Ancient Slag’
LOS ANGELES – A resident of the Mount Washington neighborhood of Los Angeles pleaded guilty today to defrauding more than 100 investors out of approximately $8.3 million through a scheme that…
Attorney General James Leads Coalition Urging FDA to Accelerate Actions to Protect Children From Toxic Metals in Baby Food
NEW YORK – New York Attorney General Letitia James, leading a coalition of 23 attorneys general, today petitioned the U.S. Food and Drug Administration (FDA) to protect the health and well-being of babies…
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