Base metals opened strongly and moved higher in Wednesday’s pre-market trading on the London Metal Exchange, eradicating losses made in Tuesday’s official session

LME copper gained 1.5% in early Asian trading, leading a base metals rebound, although gains were capped by a fall in the Shanghai composite stock index.

A subsidiary of specialty metal supplier 5N Plus Inc. has signed a long-term agreement to purchase germanium and indium feedstocks from Teck Metals Ltd., a wholly owned unit of Teck Resources Ltd.

With a Commodity Futures Trading Commission (CFTC) hearing on increased regulation in the metals futures markets just two weeks away, market participants say they are bracing for a possible liquidity drain.

Base metals drifted downwards in early trading on the London Metal Exchange on Tuesday, as copper again failed to break through $7,630 per tonne by the close on Monday

Transamine will buy all the copper concentrate produced at Discovery Metals’ Boseto copper mine in Botswana over five years as well as 9.76% stake in the company

LME copper fell by 1.5% in the early Asian trading in technical correction as the base metals tango continued in the absence of strong market-leading data.

Base metals edged higher in London Monday on thin volumes amid a weaker U.S. dollar, but copper futures eased in New York as metal traders failed to get direction from equities or currency markets.

Base metals rose above their opening prices in Monday’s official session on the London Metal Exchange, led by nickel, but fell back from the highs reached in early trading

Nickel and cobalt trader Keith Dunleavy has taken over full ownership of Stratton Metals after buying out the stake in the business previously held by defunct fund Catequil Asset Management, he confirmed to MB.