Hints and tips:
...Freepoint, based in Connecticut, is involved in energy, metals and agricultural markets....
...Berkshire as Buffett leans on a new generation Charlie Munger’s fingerprints are all over Berkshire Hathaway, from some of its most consequential deals — including the purchases of See’s Candies and Israeli metals...
...Everything lying around the Metinvest factory is used: plastic tubes, foam blocks, used tyres, scrap wood and metal....
...The recent oil price increase is as much about geopolitics as firm global demand, gold’s rally is baffling analysts and industrial metals are being supported by recovering Chinese demand....
...Apollo’s private equity business said it found bargains, taking private chemicals company, Univar for $8bn and Arconic, the metal products company for $5bn....
...Metals and other commodities also fell sharply....
...A London court has dismissed a case by hedge fund AQR Capital Management and other market participants against the London Metal Exchange, relieving the bourse from a request to disclose further information...
...Looking more closely, they saw a tangled mess of metal that was frozen into the ice. Mordhorst recalls returning to their cabin and telling a friend what they saw....
...Sanjeev Gupta, the metals magnate whose GFG Alliance borrowed from Greensill, said in a letter to the FT published last month that it did so under “prospective receivables” programmes....
...Despite a hilariously furious online rampage against the London Metal Exchange earlier this year, Cliff seems to be having a pretty great 2022, that encapsulates a regime shift in markets that will be welcome...
...Aside from exploring big topics like Russia’s invasion of Ukraine, wobbly emerging markets and cryptocurrencies, the GSFR devoted some virtual ink to the recent nickel pickle at the London Metal Exchange...
Higher costs loom amid disruption to imports from a major regional supplier
...The proposal is due to be discussed at a board meeting of Oyu Tolgoi LLC....
...The $200mn debt is owed to a subsidiary of Ural Mining Metallurgical Company, a Russian producer of gold and industrial metals....
...News round-up Telecom Italia: company break-up brings KKR back in play (Lex) Chinese metals group wins respite from banks on nickel bet (FT) Law firm DLA Piper to exit Russia as industry split deepens...
...The billionaire deputy prime minister of the UAE controls the club via Newton Investment Development LLC, a company registered in Abu Dhabi....
...USM said it would now focus on other companies in its group, including in the metals and mining and telecoms sectors....
...Demand for such metals is set to rise rapidly over the next decade as carmakers from Tesla to Volkswagen expand production of electric vehicles....
...Rio has funded Oyu Tolgoi LLC, the joint venture company developing the project, through shareholder loans....
...Hambro, the chief investment officer of Sanjeev Gupta’s GFG Alliance and one of the industrialist’s most loyal lieutenants, is set to leave the group, dealing a blow to Gupta as he battles to save his metals...
...Once the underground expansion is complete it will be among the biggest copper mines in the world, capable of producing almost 500,000 tonnes of the metal per year....
...Gupta is the highly acquisitive industrialist who has been dubbed Britain’s “saviour of steel” for his acquisitions of unloved metals plants....
...Plant closures would leave a big hole in the UK’s domestic metals industry....
...Gupta’s sprawling metals conglomerate, which includes Britain’s third-largest steel producer and numerous plants in Europe and Australia, has been rocked by the collapse of Greensill....
...TRQ in turns owns 66 per cent of Oyu Tolgoi LLC, with the rest controlled by the government of Mongolia....
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