Markets approach the close after a consequential day, without moving any nearer to resolution, merely extending uncertainty. The reopen began in predictable formation: crude meaningfully…
March 5, 2026 - George Griffiths
Definition: the data in this report show LME non-risk reducing positions (ie speculative positions) held by Investment Funds and Other Financial Institution
March 3, 2026 - Carly Hughes
Throughout 2025, copper’s rally was anchored to the narrative around AI infrastructure build-out and the substantial volumes of physical metal required to support it. Data…
February 27, 2026 - George Griffiths
The Supreme Court’s ruling on IEEPA has subtly shifted the tariff debate from being largely constitutional to increasingly fiscal. IEEPA reportedly generated revenue in excess…
February 26, 2026 - George Griffiths
AMT is proud to announce the opening of its new office in Dubai, a significant step forward in strengthening our global footprint in the metal…
February 4, 2026 - Carly Hughes
Increased stress across industrial and base metals appeared to emerge suddenly toward the end of last week, seemingly undermining an investment case that has been…
February 4, 2026 - George Griffiths
The week has begun largely as anticipated, with a clear pickup in enquiries around the merits of investing in hard assets. For most, that still…
January 30, 2026 - George Griffiths
Davos served as confirmation of an emerging narrative, marking a clearer acceptance of what risk now represents in a world where fragmentation, persistent inflation, and…
January 26, 2026 - George Griffiths
The aluminium market is increasingly being shaped by power systems rather than feedstocks or headline capacity additions. The key divergence lies in how China is…
January 23, 2026 - George Griffiths