Business

The LME is the centre of the world's metals trade, setting benchmark prices for copper and aluminium.

LME boss Jones to retire

Garry Jones stepped down as chief executive officer after a three-year stint steering the world's biggest metals bourse.

"In reality, it was a settling of scores because the new CEO wanted to get rid of Alan Davies," the 78-year-old Conde, ...

Guinea's Conde challenges Rio

Guinea President Alpha Conde said the firing of Alan Davies was the result of a feud over succession within Rio Tinto.

Rebar on the Shanghai Futures Exchange eased 0.9 per cent to 3256 yuan per tonne, slipping further from Monday's ...

Iron ore restocking wanes

​Chinese steel and iron ore futures fell for a second session as demand for the commodities turned tepid.

Sales of iron ore in the quarter exceeded production by 2.2 million tonnes.

Rio recoups lost ground in iron ore output

Stronger December output of iron ore in the December quarter enabled Rio Tinto to recoup some of the lost momentum in the division which had led it to trim full year production estimates in October.

MineLife's Gavin Wendt: "The balance of production is shifting toward premium steel products. China requires more ...

Iron ore leaps 3.9pc higher

Iron ore has carried last year's bullish momentum into the start of 2017, with prices rallying to a two-year high.

Molten copper flows from a furnace into a ladle at the Aurubis AG metals plant in Hamburg, Germany.

Copper at five-week high

​Copper hit a five-week high on Friday while aluminium climbed to its highest in nearly 20 months.

Iron ore surged more than 80pc last year as China added stimulus to sustain economic growth, bolstering steel ...

Thirty-two tons a second

Iron ore imports by China surged to a record last year amid unexpectedly strong steel production and lower local mine output.

Escondida, which churned out 1.2 million tonnes of the red metal in 2015, will serve as a precedent for the other 15 ...

BHP wage showdown in Chile

A wage negotiation at the world's top copper mine is showing the downside for producers of recovering prices.

The drive since last year by the world's largest steel producer to reduce surplus capacity has helped Chinese steel ...

Iron ore retakes $US80 mark

Iron ore and steel futures in China advanced for a third session on Wednesday, hitting their strongest in three weeks