Liezel Hill

London

Metals and Mining Team Leader at Bloomberg News

ll Metals & mining team leader at Bloomberg News ll Retweets are not endorsements ll Views are my own ll

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Articles

Russia Says It Damaged Facilities at Gas Storage Site in Ukraine

Jan 16, 2025 | bloomberg.com | Liezel Hill

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Russia Temporarily Limits Enriched Uranium Supplies to US

Nov 15, 2024 | news.bloombergtax.com | Liezel Hill

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Russia Temporarily Limits Enriched Uranium Supplies to US

Nov 15, 2024 | bloomberg.com | Liezel Hill

Russia will temporarily limit exports of enriched uranium to the US, the government said on Friday. Restrictions will also apply under foreign trade agreements concluded with persons registered in the US jurisdictions, it said on Telegram. Exceptions will be given to deliveries under one-time licenses issued by the Federal Service for Technical and Export Control.
Aluminum Squeeze Rolls On With Key LME Spread Spiking Again

Oct 1, 2024 | bloomberg.com | Liezel Hill

Pressure in the aluminum market continues to build, as contracts for October delivery on the London Metal Exchange trade at an even higher premium over November in a sign of a mounting squeeze. The metals world, which is gathering this week in London for its annual LME Week jamboree, has been gripped by a standoff in the aluminum market that is promising to come to a head over the next two weeks.
Aluminum Squeeze Rolls On With Key LME Spread Spiking Again

Oct 1, 2024 | finance.yahoo.com | Liezel Hill

(Bloomberg) -- Pressure in the aluminum market continues to build, as contracts for October delivery on the London Metal Exchange trade at an even higher premium over November in a sign of a mounting squeeze.
Anglo Starts Cutting Amplats Stake Ahead of Full Exit (1)

Sep 10, 2024 | news.bloomberglaw.com | Liezel Hill |Pablo Mayo Cerqueiro

Anglo American Plc offered to sell about 13 million shares in Anglo American Platinum Ltd. in a move aimed at increasing the South African firm’s free float ahead of a full exit. The deal represents about 5% of Amplats’s total issued ordinary shares, London-listed Anglo said in a statement on Tuesday. The British mining group is looking to raise around $400 million through the stake sale, according to a term sheet seen by Bloomberg.
Cleveland-Cliffs to buy rival Stelco for $2.8 billion

Jul 14, 2024 | finance.yahoo.com | Liezel Hill

(Bloomberg) — Cleveland-Cliffs Inc. (CLF) agreed to buy Canadian steelmaker Stelco Holdings Inc (STLC.TO). for about C$3.85 billion ($2.8 billion), in the company’s first major move after losing out in its bid for United States Steel Corp. (X) last year. Most Read from BloombergTrump Shooting Changes Biden’s Plan to Revive 2024 CampaignTrump Emerges Defiant From Rally Attack Set to Shake Up ’24 RaceI Was at the Trump Rally Where He Was Shot.
Cleveland-Cliffs to Buy Rival Stelco for C$3.85 Billion

Jul 14, 2024 | bloomberg.com | Liezel Hill

Cleveland-Cliffs Inc. agreed to buy Canadian steelmaker Stelco Holdings Inc. for about C$3.85 billion ($2.8 billion), in the company’s first major move after losing out in its bid for US Steel Corp. last year. Shareholders in Canada’s Stelco will receive cash and shares worth about C$70, Cliffs said in a statement on Monday, representing a premium of 87% from the closing price on Friday.
Cleveland-Cliffs to buy Ontario steelmaker Stelco for $3.85 billion

Jul 14, 2024 | leaderpost.com | Liezel Hill

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Copper Surges To Record As Investors Bet On Looming Shortage

May 19, 2024 | ndtvprofit.com | Liezel Hill

The record in the benchmark London contract also comes as the global copper world is being roiled by a massive squeeze in the New York market, where prices set an all-time high last week. The short squeeze drove prices on the Comex exchange to an unprecedented premium over the LME and has triggered a rush to reroute metal supplies to the US.