Pratima Desai

1 week ago | sg.finance.yahoo.com | Pratima Desai

Pratima Desai Mon, 14 Apr 2025, 6:21 am 1 min read In this article: By Pratima Desai LONDON (Reuters) - Marex Group has bought UK-based Darton Commodities, a trader of cobalt metal used to make aerospace and military equipment, the financial services firm told Reuters on Monday, declining to give further details.

1 week ago | marketscreener.com | Pratima Desai

LONDON (Reuters) - Marex Group has bought UK-based Darton Commodities, a trader of cobalt metal used to make aerospace and military equipment, the financial services firm told Reuters on Monday, declining to give further details. Two sources familiar with the matter said the transaction completed in March, but they did not know how much commodity broker Marex paid for Darton or exactly when the deal was agreed.

2 weeks ago | money.usnews.com | Pratima Desai

By Pratima DesaiSANTIAGO (Reuters) - Aurubis will be ramping up its copper recycling smelter in the U.S. this year, the German company's CEO Toralf Haag told Reuters on Wednesday, adding Aurubis sees more potential for investment in future years. Aurubus has invested $800 million building the project, which took four years. Haag said it will process 180,000 metric tons of complex copper scrap and produce 70,000 tons of refined metal annually. "North America is an attractive market.

3 weeks ago | money.usnews.com | Pratima Desai

By Pratima DesaiLONDON (Reuters) - Joint ventures and asset sales are expected to accelerate in the mining industry, which is ripe for consolidation due to the slowdown in manufacturing and demand growth for industrial metals, particularly in top consumer China. However, full-scale mergers and acquisitions activity among diversified miners could be hampered for now by prohibitive high costs and significant chances of eventual rejection, investors say.

3 weeks ago | kfgo.com | Pratima Desai

By Pratima DesaiLONDON (Reuters) – Major commodity traders Gunvor and Vitol are waiting to withdraw large volumes of Russian-produced aluminium from London Metal Exchange-approved warehouses in the South Korean port of Gwangyang, three sources familiar with the matter said. Gunvor and Vitol mostly focus on energy, but oil and gas trading giants more broadly have made significant moves into metals markets to explore opportunities offered by the global clean energy transition.