Aluminum climbed on concerns that critical supply routes for Middle Eastern producers will be disrupted by conflict in a region responsible for a significant share of global output.

Latrobe Magnesium (LMG) has achieved sustained magnesium oxide (MgO) production at its Hazelwood North demonstration plant in Victoria’s Latrobe Valley, marking a key milestone as the company advances toward first magnesium metal output later this year.

Eskom announced on Friday that it had extended an eleventh-hour 62c/kWh tariff offer to ferrochrome producers Glencore?Merafe Chrome Venture and Samancor

Chief executive officer Mike Henry has reaffirmed BHP’s iron ore supremacy, pointing to world-leading margins and superior cash generation.

After the holiday, the prices of calcium-based products have somewhat declined.

GLENCORE has agreed to purchase nearly 2,000 tons of cobalt from industry veteran Rami Weisfisch in a deal worth close to $115m at current prices, said Reuters citing two sources with knowledge of the transaction.

THE Democratic Republic of Congo’s state mining company, Gecamines, has secured rights to market a significant portion of copper produced at Glencore’s Kamoto Copper Company operation in the country

ZIMBABWE has imposed an immediate ban on exports of all raw minerals and lithium concentrates, said Reuters citing a mines ministry announcement on Wednesday.